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What we spend and how we spend it

Find out what our sources of income are, and how we use that money, year-by-year

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

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.