Financial information
Our Income and how we spend it
In 2020/21 our total income was £159.4m, 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 students at the heart of everything we do.
Teesside University - income analysis 2020-21
How do student fees contribute to the costs of running our University?
Tuition fees & Education Contracts totalling over £125m represent a significant proportion of our total income.
These contribute to the £157.4m 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 over 18%.
Teesside University - expenditure analysis 2020-21
Investing in your University
Through robust management of the University's finances surpluses are reinvested into our campuses. The University has invested over £111m in the Middlesbrough and Darlington campuses, facilities, laboratories equipment and technology since August 2016 from cash reserves - reinforcing our commitment to providing an outstanding student and learning experience. Over the last 5 years this investment has included:
Governors’ report and financial statements
You can read, download or print the governors' report and financial statements.