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About us

Financial information 2019-20

Our Income and how we spend it

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.

Teesside University - income analysis 2019-20


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

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%.

Teesside University - expenditure analysis 2019-20

Surpluses

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:

  • 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
  • The award-winning Student Life Building providing a seamless student experience
  • New and major refurbishment of existing student accommodation on campus (Cornell, Central Halls, King Edward Square and Parkside)
  • Investment in the Phoenix and Victoria Road buildings to provide a dynamic environment for new entrepreneurs and established companies to grow through digital innovation
  • Pedestrianisation of the Campus Heart to improve access and safety
  • New Visitors' Centre