Income and expenditure Income and expenditure

Income and expenditure

How Lancaster University generated income in 2015-16, and where the money was spent


In 2015-16, Lancaster University received £267.3 million - most of it raised through tuition fees, research grants and funding. This income was used to support the learning and academic experience of nearly 13,000 students while also enabling the University to undertake world-leading research.

To see a detailed breakdown of income and expenditure, take a look at the figures and visualisation below. For more financial information about the University, please visit the Finance homepage.

Income (in millions of pounds)

Income 2015-16

1 Tuition fees - 126.3

2 Other income - 69.5

3 Research - 38.3

4 Funding Council - 33.2

Total - 267.3

 

Expenditure

2015-16 expenditure

1 Academic departments - 95.8

2 Research - 28.7

3 Premises - 28.3

4 Residences and catering - 27.1

5 Academic services - 25.7

6 Studentships and bursaries - 15.9

7 Staff and student facilities - 12.8

8 Reinvestment - 11.7

9 Administration and central services - 11.6

10 Other - 9.6

Total - 267.3