Sat 05 May 2004College received go-ahead despite financial lossesHibernia College, the private Dublin institute which gives an online teacher-training course, had question marks over its continued existence at the time it got authorisation for its courses from the Minister of Education.The auditors to Hibernia College Ltd noted concerns about the college's continued ability to trade in its most recent financial accounts, which were for the 17-month period to the end of July 2003.