Report outlines spending power of fee-paying schools
A new report for the Department of Education says the country's private fee-paying schools have more than €8m a year extra to spend on their students.
It also says that the cost of all 55 fee-paying schools entering the free scheme would be €23.5m, a lot less than previous estimate of more than €100m.
The 55 private, fee paying schools in the country raise about €120m a year by charging students for their education.
After discounts and loan repayments, they have €81m left so they can pay for extra teachers, sports coaches and for buildings such as gyms and sports halls.
The taxpayer forks out €100m for the salaries of teachers - the Bord Snip Nua report recommended cutting taxpayer funding by paying for less teachers - and the department report says if this was done the 55 schools would still have more than €61m in discretionary spending.
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