Healthy financial result at Teesside

The University of Teesside is celebrating a healthy increase in its operating surplus - up from £136,000 in 2000 to £1.2million in 2001.

The result is one of the best in British higher education announced for the last financial year and coincides with more good news – a boost in the number of full-time students starting degree and diploma courses, which are up by more 10.5% this year.

The healthy balance sheet and increase in first-years starting full-time courses last September is the result of an expansion of exciting new courses in areas such as Computer Animation and Games Design and the University’s growing popularity with students.

“The £1.2million surplus is an excellent result and demonstrates that the University of Teesside is continuing to make progress despite the often difficult circumstances facing higher education. Student numbers are rising at Teesside and we can now build on the huge investment – more than £50million over the last six or seven years – that has helped to create a first-class campus in the heart of Middlesbrough,” said Finance Director, Alan Oliver.

Full-time student enrolments are up this academic year – from 3,085 in 2000/01 to 3,409. This is the highest number of full-time and sandwich first-year enrolments ever at the University. Teesside’s previous highest total was in 1994/95, when 3,331 full-time first-years were recruited.

This is on top of the explosion in part-time student numbers, which are expected to top the 9,000-mark this year. Part-time student numbers exceeded full-time numbers last year and grew from 3,500 to 8,500 in the six years up to 2000-01. Full-time numbers are expected to reach around 8,000 when a second intake of nursing, business and science students takes place next month.

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