Income and expenditure

How Lancaster University generated income in 2021-22, and where the money was spent.

An aerial view of campus.

In 2021-22, Lancaster University received £357.9 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 16,000 students while also enabling the University to undertake world-leading research. For a detailed breakdown of income and expenditure, please refer to the figures below.


SourceValue (in millions of pounds)
Tuition fees 195.5
Other income 72.4
Research 48.1
Funding Council




54.6% Tuition fees
20.2% Other income
13.4% Research
11.7% Funding Council


Area of spendValue (in millions of pounds)
Academic departments 113.7
Academic services 42.3
Premises 41.4
Research 36.9
Residences and catering 29.0
Studentships and bursaries 23.8
Surplus before pension provisions 23.19
Administration and central services 17.3
Staff and student facilities 17.0
Other 13.4
Total 357.9

More financial information

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