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About us

Financial Information 2018-19

Where our funding comes from and how we spend it

In 2018/19 our total income was over £145m, this income is derived from a number of sources, which is shown below.

The income is used to support a wide range of activities including research-based teaching and learning, research, knowledge exchange & business engagement to ensure that we deliver a high quality student experience, putting at the heart of everything we do.

Governors’ report and financial statements


Teesside University - income analysis 2018-19

How do student fees contribute to the costs of running our University?

Tuition fees & Education Contracts totalling over £110m represent a significant proportion of our total income. These contribute to the £141.8m costs necessary to create a stimulating learning environment which enables us to deliver an outstanding student and learning experience by putting the students at the heart of everything we do. We integrate research into.teaching and knowledge transfer to develop real world application and equip our students with the skills and experiences to enhance their future employment prospects.

Teesside University - expenditure analysis 2018-19


Surpluses

Through careful management of the University's finances surpluses are generated for investment (over £120m since August 2015) in the campus, in facilities, laboratories, equipment & technology reinforcing our commitment to providing an outstanding student and learning experience.

Development of state of the art teaching facilities in The Curve

Annual improvements to teaching space, including digital classrooms

Extension to The Orion building to provide enhanced STEM facilities

A new sports and exercise facility including an all weather pitch

Full refurbishment of the Library

Significant enhancement of laboratory facilities at both the Middlesbrough and Darlington campuses

The National Horizons Centre, a National Centre of Excellence for the UK bio-economy

Major refurbishment and redevelopment of the Student Centre to create Teesside Business School

Commencement of the construction of the new Student Life Building to provide a seamless student experience