Galway-Mayo Institute of Technology could face a financial penalty of €475,000. Photograph: Murray O Laoire Architects

How are our universities and colleges performing? For the past two years, the Higher Education Authority has been trying to answer that question. Th(...)

The decision to withhold funding from some third-level institutions will be controversial given that the three colleges which face penalties are in financially vulnerable positions as they struggle to cope with cuts in State funding and rising student numbers. Photograph: Eric Luke

Three colleges which have performed poorly in a new assessment process for the higher education sector face financial penalties running into hundreds (...)