Income and expenditure
How Lancaster University generated income in 2020-21, and where the money was spent.
In 2020-21, Lancaster University received £325.6 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. To see a detailed breakdown of income and expenditure, take a look at the figures below.
|Source||Value (in millions of pounds)|
|Area of spend||Value (in millions of pounds)|
|Residences and catering||26.4|
|Studentships and bursaries||22.5|
|Surplus before pension provisions||15.56|
|Administration and central services||15.2|
|Staff and student facilities||14.5|