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 and expenditure
How Lancaster University generated income in 2018-19, and where the money was spent.
|Source||Value (in millions of pounds)|
|Area of spend||Value (in millions of pounds)|
|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|