In 2019/20 our total income was over £150m, 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.
Tuition fees & Education Contracts totalling over £116m represent a significant proportion of our total income.
These contribute to the £147.3m 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. Over the last
3 years the University has increased the number of academic staff by almost 10%.
Any additional income, once we have covered our costs, is reinvested into our campuses. The University has invested over £120m in the Middlesbrough and Darlington campuses, facilities, laboratories equipment and technology since August 2015 - this further demonstrates our commitment to providing an outstanding student and learning experience.
You can read, download or print the governors' report and financial statements.
If you would like copies of the most recent governors' report and financial statements, please ring 01642 342720.
Through careful management of the University's finances surpluses are generated for investment in the campus, in facilities, laboratories, equipment & technology
reinforcing our commitment to providing an outstanding student and learning experience.
Over the last 5 years this investment has included: