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The university was opened separately with 68 students in 1849 and was called "Queen Galway". A year later, it became part of Queen's University of Ireland. The Irish University Act of 1908 made the college a constituent college of the new National University of Ireland, and the university’s name was changed to “University College Galway” in accordance with the new statutes. According to the University College Galway Act of 1929, it bears special statutory responsibilities for the use of Irish as the university’s working language. It retained the title of Galway University College until the 1997 "University Act" changed it to "National Galway University of Ireland".
It is close to the city center and stretches along the River Corrib. The oldest part of the university, the quadrilateral and its Aula Maxima, were designed by John Benjamin Keane; it is a replica of Christ Church, one of the University of Oxford. The stone from which it is made is supplied locally.
The university’s modern architecture emerged in the 1970s and was designed by architect Scott Tallon Walker. The 1990s also made considerable progress, including the conversion of an old ammunition factory into a student center. Under the leadership of Iognáid G.ÓMuircheartaigh, who served as president in the early 21st century, NUI Galway announced the details of its plan to make the university a "campus of the future" at a cost of approximately 400 million euros. James J. Browne, Muircheartaigh's successor, continued to implement the plan.
Nelson Mandela was unforgettable in college in 2003. On his last visit to Ireland, Mandela condemned American foreign policy and received an honorary doctorate from Garret FitzGerald, then NUI Prime Minister.
In 2020, the university launched the "Values Shaping Vision" strategic plan (2020-2025). The development of the 21st century includes an advanced university sports center (Ionad Spóirt), Alas Moyola (Jras Moyola), Keynes School of Business and Economics, Utah, USA, Alice Perry Engineering Building, Biological Science Research Building, Life Course Research Institute, Lambert Institute and O'Donnell Hugh Theater, Theater and Performance Center. The new Human Biology Building was completed in the summer of 2017.
In March 2020, NUI University of Galway received 4 million euros in funding from the European Union's Horizon 2020 Research and Innovation Program to support its Solar2chem project.