The feds are loaning the university $46m for a new student residence

The Northern Australia Infrastructure Facility is stumping up the cash, with JCU kicking-in $7m. The money goes to a 400-bed facility on the Townsville campus.

JCU also host the new Tropical Australian Academic Health Centre, accredited Friday by the National Health and Medical Research Council. The award is not accompanied by cash, but every honorific counts.