Created Friday, 07 October 2011 in General News

On Friday 7 October, Peter McDonald advised that a number of colleges and halls were notified of their successful NRAS applications.

Successful Round Four applicants in the higher education sector include:

Round Four Recipients               NRAS Incentives

University of Canberra               1,000
University of Tasmania               770
Deakin University                        400
Charles Darwin University          100
St Mark's College, JCU                100

TOTAL                                      2,370

These recipients join earlier NRAS Rounds Two & Three higher education sector recipients:

Round Two or Three Recipients      NRAS Incentives

ANU                                                 1,023
Monash                                            650
UWA                                                 765
St Catherine's                                  235

TOTAL                                             2,673


NRAS incentives to the higher education sector now total 5,043.  The projected state and federal incentive payments over the 10-year NRAS incentive period for these 5,053 incentives will amount to approximately $600 million.  Associated construction costs will amount to approximately $1 billion in total - a significant stimulus to the sector.

Note that one of the commercial student accommodation providers also received incentives in Round Four - Campus Living Villages at ECU received 71 incentives.