How we spend our money
Structure and governance
Where our money comes from
We get our income from various sources:
- Approximately 80% is from tuition fees and education contracts
- 9% is from government (funding council) grants
- 6% is from other income sources (including halls of residence and catering)
Income in 2018/19
| Income type | Amount (in £) |
|---|---|
| Tuition fees and education contracts |
209,713,000 |
| Funding council grants |
22,326,000 |
| Research grants and contracts |
9,192,000 |
| Other income |
16,114,000 |
| Endowment and investment income |
3,751,000 |
| Total | 261,096,000 |
| Tuition fees and education grants | |
| Funding council grants | |
| Research grants and contracts | |
| Other income | |
| Endowment and investment income |
How we spend our money
In 2018/19, we spent £179 million (73% of the spending total) on academic departments and services, student bursaries and hardship funds and staff and student facilities.
We spent a further 12% (£29 million) on maintenance of buildings and facilities.
Discover how our expenditure impacts the local economy.
Expenditure in 2018/19
| Expenditure type | Amount (in £) |
|---|---|
| Running academic departments |
124,599,000 |
| Providing academic services |
35,048,000 |
| Costs of academic research |
7,948,000 |
| Bursaries and hardship funds |
5,130,000 |
| Staff and student facilities |
14,472,000 |
| Maintaining our buildings and facilities | 29,263,000 |
| Providing residences and catering |
6,567,000 |
| Other operating costs |
7,838,000 |
| Other | 15,476,000 |
| Total | 246,341,000 |
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