How we spend our money
Structure and governance
Where our money comes from
We get our income from various sources:
- Approximately 79% is from tuition fees and education contracts
- 9% is from government (funding council) grants
- 7% is from other income sources (including halls of residence and catering)
Income in 2017/18
| Income type | Amount (in £) |
|---|---|
| Total | 245,682,000 |
| Tuition fees and education contracts |
194,891,000 |
| Funding council grants |
22,776,000 |
| Research grants and contracts |
8,773,000 |
| Other income |
18,214,000 |
| Endowment and investment income |
998,000 |
How we spend our money
In 2017/18, we spent £178 million (75% of the spending total) on academic departments and services, student bursaries and hardship funds and staff and student facilities.
We spent a further 13% (£30 million) on maintenance of buildings and facilities.
Discover how our expenditure impacts the local economy.
Expenditure in 2017/18
| Expenditure type | Amount (in £) |
|---|---|
| Total | 238,897,000 |
| Running academic departments |
125,385,000 |
| Providing academic services |
33,282,000 |
| Costs of academic research |
7,452,000 |
| Bursaries and hardship funds |
5,637,000 |
| Staff and student facilities |
14,122,000 |
| Maintaining our buildings and facilities | 29,886,000 |
| Providing residences and catering |
7,154,000 |
| Other operating costs |
7,649,000 |
| Other | 8,330,000 |
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