How we spend our money
Structure and governance
Where our money comes from
We get our income from various sources:
- Approximately 81% is from tuition fees and education contracts
- 9% is from government (funding council) grants
- 10% is from other income sources (including halls of residence and catering)
Income in 2019/20
| Income type | Amount (in £) |
|---|---|
| Tuition fees and education contracts |
223,115,000 |
| Funding council grants |
24,348,000 |
| Research grants and contracts |
8,837,000 |
| Other income |
14,342,000 |
| Endowment and investment income |
2,911,000 |
| Total | 273,553,000 |
| Tuition fees and education grants | |
| Funding council grants | |
| Research grants and contracts | |
| Other income | |
| Endowment and investment income |
How we spend our money
In 2019/20, we spent £203 million (76% of the spending total) on academic departments and services, student bursaries and hardship funds and staff and student facilities.
We spent a further 10% (£26.6 million) on maintenance of buildings and facilities.
Discover how our expenditure impacts the local economy.
Expenditure in 2019/20
| Expenditure type | Amount (in £) |
|---|---|
| Running academic departments |
139,821,000 |
| Providing academic services |
39,817,000 |
| Costs of academic research |
7,893,000 |
| Bursaries and hardship funds |
7,011,000 |
| Staff and student facilities |
16,544,000 |
| Maintaining our buildings and facilities | 26,579,000 |
| Providing residences and catering |
5,502,000 |
| Other operating costs |
8,716,000 |
| Other | 16,245,000 |
| Total | 268,128,000 |
| Running academic departments | |
| Providing academic services | |
| Maintaining our buildings and facilities | |
| Other | |
| Staff and student facilities | |
| Costs of academic research | |
| Other operating costs | |
| Providing residences and catering | |
| Bursaries and hardship funds |
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