Where does the university’s income come from?
The main source is of course from student tuition fees, but you will see that we also receive income from other projects such as Research projects.
How does the University spend its income?
- Running our academic departments
- Providing support for our academics and students such as the library and IT services
- Maintaining our campus
- Undertaking research projects
- The day to day running of the University, which includes central support departments, governance and regulation compliance
Our biggest cost is in staff and continuous investment has been made in attracting and retaining quality teaching staff and improving our staff to student ratios.
Why doesn’t the University spend all its income?
The office is a ‘not for profit organisation’ but it is essential that we are financially stable and are able to invest in our future. We therefore make a surplus to allow us to invest in the physical and technological infrastructure of the University and continually improve the student experience
Investing in our University
Capital Investment in new academic buildings and facilities. Including:
State of the art facilities and clinical teaching space – £12m – Opened September 2014
New home for Schools of Computer Science, Engineering and Maths and Physics
New home for Schools of Health and Social Care and Psychology