How we spend our money

Woman smiling at glass door

What we spend and how we spend it

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
  • 9% is from other income sources (including halls of residence and catering) 

Income in 2016/17

Income type Amount (in £)
Total 233,682,000
Tuition fees and education contracts
183,496,000
Funding council grants
21,848,000
Research grants and contracts
7,792,000
Other income
19,996,000
Endowment and investment income
550,000

How we spend our money

In 2016/17, we spent £168 million (74% of the spending total) on academic departments and services, student bursaries and hardship funds and staff and student facilities.

We spent a further 14% (£31 million) on maintenance of buildings and facilities.

Discover how our expenditure impacts the local economy.

Expenditure in 2016/17

Expenditure type Amount (in £)
Total 226,959,000
Running academic departments
117,043,000
Providing academic services
29,880,000
Direct costs of academic research
6,492,000
Bursaries and hardship funds
6,930,000
Staff and student facilities
13,733,000
Maintaining our buildings and facilities 30,669,000
Providing residences and catering
7,942,000
Other operating costs
7,671,000
Other 6,599,000

We’re busy redesigning our website and this section is still a work-in-progress – but you can still find all the relevant, up-to-date details using the links below.