Our Finances

The University is relatively small compared with other further and higher education institutions. However, our focus on providing quality, specialist courses has led to considerable growth. This has enabled us to improve the quality of our learning resources and fund a programme of capital works designed to offer the best facilities for our students.

2014/15

Income

Description Value
Funding Council Grants - Further Education £8,961,000
Funding Council Grants - Higher Education £4,489,000
Tuition Fees £28,306,000
Other Operating Income £6,119,000
Investment Income £538,000
Total Income £48,413,000

Expenditure

Description Value
Staff Costs £24,149,000
Academic Departments £2,528,000
Academic Services £1,655,000
Other Support Services £709,000
Admin and Central Services £1,794,000
General Education Expenditure £2,831,000
Premises £2,997,000
Residences and Catering £2,160,000
Depreciation £2,967,000
Interest Payable £131,000
Total Expenditure £41,921,000
Surplus £6,492,000
Facebook
Twitter
Instagram
Pinterest
Youtube
Vine
LinkedIn