The Department of Employment and Learning (DEL) expects the University of Ulster to put forward a proposed new £10m teaching block at Magee in either 2015/16 or 2016/17.
A spokesperson advised the Sentinel: “The Department would anticipate that the University of Ulster will put forward the new teaching block at Magee for consideration for capital funding in either 2015/16 or in the next comprehensive spending review period commending in 2016/17.”
Last week the Sentinel reported how a normal capital funding request was expected to be submitted in the next Comprehensive Spending Review (CSR) period, 2016-20.
A University of Ulster spokesperson told the Sentinel that if funding became available in an earlier budget monitoring round the project may also be put forward as a worthy beneficiary.
The University said: “A planning application for the development will be submitted shortly.”