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Income and expenditure

How Lancaster University generated income in 2017-18, and where the money was spent.

In 2017-18, Lancaster University received £288.2 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 142.1
Other income 72.2
Research 40
Funding Council

34

Total

288.228

49.3% Tuition fees
25% Other income
13.9% Research
11.8% Funding Council

Expenditure

Area of spendValue (in millions of pounds)
Academic departments 108.4
Research 32.4
Academic services 31.6
Residences and catering 27.9
Premises 25.7
Studentships and bursaries 17.4
Staff and student facilities 14.3
Administration and central services 13.7
Reinvestment 9.5
Other 7.4
Total 288.2

More information

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

digital version of a visualisation of how tuition fees are spent is also available.