Financial information

Our Income and how we spend it

In 2023-24 our total income was £222.1m, 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, enterprise & knowledge exchange to ensure that we deliver an outstanding student and learning experience, putting students at the heart of everything we do.

Teesside University - income analysis 2023-24

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

Tuition fees & Education Contracts totalling over £174m represent a significant proportion of our total income. These contribute to the £208m 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 2023-24

Investing in your University

Through robust management of the University's finances surpluses are reinvested into our campuses. The University has invested £142m in the Middlesbrough and Darlington campuses, facilities, laboratories equipment and technology since August 2019 from cash reserves - reinforcing our commitment to providing an outstanding student and learning experience. Over the last 5 years this investment has included: