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
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.
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.