student housing scheme Archives - New Cyprus Magazine

Expansion of Student Housing on the Horizon

In an effort to combat the housing crisis for students, Cyprus University of Technology (Tepak) is set to construct 703 new student residences, split between Limassol and Paphos, with a substantial loan from the European Investment Bank and state funding to enhance educational infrastructure and accommodate more students. This initiative not only addresses the pressing need for accommodation but also aims to stimulate economic growth, create job opportunities, and foster a diverse and enriched learning environment for students at Tepak.

‘Absurd costs’ for UCy student dorms

By Demis Papadopoulos

The University of Cyprus is facing criticism over the exorbitant costs of its new student dormitories, priced at €110,000 per room, more than double the cost of similar projects. Concerns arise from the project’s lengthy eightyear timeline and the influence of donors on budgeting, sparking debates on fiscal responsibility and the implications for student welfare and education.

University Rector Defends Student Housing Policy

By Demis Papadopoulos

In a spirited defense, University of Cyprus Rector Tassos Christofides rejects corruption accusations related to student housing, highlighting plans for 900 new dormitory rooms. Securing funding from major banks, the university eagerly awaits procedural approval to progress with the expansion.

Calls for Probe into Bribery Claims at UCy

By Demis Papadopoulos

The University of Cyprus (UCy) is facing allegations of bribery, with claims that developers may have delayed oncampus student housing to benefit private landlords. The rector denies the claims, but the controversy highlights the university’s struggle to provide affordable student accommodations amid rising rental prices.

Call from Ministry for Student Housing Scheme in Old Nicosia

By Demis Papadopoulos

The student housing scheme in Old Nicosia, funded with €15 million from the Cyprus recovery and resilience plan, aims to revitalize the historical district by providing accommodation for students. Interested applicants can find more information and apply through the ministry of the interior’s official post, with the project expected to bring economic and cultural growth to the area.