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Income and expenditure

How Lancaster University generated income in 2018-19, and where the money was spent.

In 2018-19, Lancaster University received £319.4 million - most of it raised through tuition fees, research grants and funding. This income was used to support the learning and academic experience of more than 14,000 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 below.

Income

SourceValue (in millions of pounds)
Tuition fees 152.2
Other income 91.2
Research 42
Funding Council

34

Total

319.4

47.7% Tuition fees
28.6% Other income
13.1% Research
10.6% Funding Council

Expenditure

Area of spendValue (in millions of pounds)
Academic departments 111.8
Research 34.1
Academic services 34
Premises 31.7
Residences and catering 29.1
Surplus before pension provisions 20.4
Studentships and bursaries 19.5
Administration and central services 15.4
Staff and student facilities 14.9
Other 8.5
Total 319.4

More information

For more financial information about the University, please visit the Finance homepage.