Graph of the University's total income

Percentages have been rounded to the nearest percentage point for clarity.

The University has a number of income sources to support its work, including student fees and education contracts, government grants, other income through commercial activities including residences, catering and conferences, as well as donations.

We also attract research grants from charities, research councils, companies and other organisations that help us fund our world-class research activity. 

This income is used to support a wide range of different activity including teaching and learning, cutting-edge research, knowledge exchange and community engagement. Research based teaching and learning excellence, a high quality student experience and successful student outcomes are at the centre of everything we do at the University. 

Our finances are carefully managed and we maintain a modest surplus which helps give scope for investment. In 2017/18 we generated income of £715m, giving a surplus for investment of £10m after all of our expenditure. 

Breakdown of expenditure 

Graph of the University's total expenditure

Percentages have been rounded to the nearest percentage point for clarity.

How do student fees contribute to the costs of running our University?

Student fees and education contracts totalling £349m represent a significant portion of our University income, which contribute to the £561m costs necessary to support teaching excellence, research based teaching and an excellent student experience.

Graph of the money we spend on teaching and student experience

Percentages have been rounded to the nearest percentage point for clarity.

Our students’ fees pay for lecturers and other academic staff, building maintenance, as well as maintaining equipment and laboratories. This makes up a significant proportion of our expenditure as we want to ensure our students get the best possible education.  We provide this by investing in the teaching facilities and attracting teaching staff who are actively engaged in pioneering research.

Student fees also contribute to our student support and academic services, which are important to student experience. In 2017/18 we spent £32m on student support, which includes services such as counselling, disability support and financial advice. We also spent £84m on our IT, library and academic services whose facilities aid learning outside of the lecture theatre and are accessible to all of our students. Furthermore, we are proud to invest £50m in scholarships and bursaries to ensure all our students have the opportunity to realise their potential, regardless of background. 

Equally, money needs to be spent behind the scenes on essential things that keep our University running, like utilities, insurance, maintaining the estate and the wide range of staff who provide essential services, for example cleaning, human resources and IT. 

Investment in our campus 

We are transforming our campus with a £520 million programme. Since 2015 we have completed campus developments, which include a £25m redevelopment of the Edward Boyle Library, major refurbishments to the Engineering and Worsley buildings of over £80m investment combined, and a £20m redevelopment of the students’ union building, which will help cement our union’s reputation as one of the best in the country. 

Ongoing projects include our £96m Sir William Henry Bragg Building, which will see the integration of engineering and physical sciences, as well as a £11m investment into farming research partnered by the Centre for Innovation and Excellence in Livestock.

We have started the £32m refurbishment of the Faculty of Biological Sciences, which will enable interdisciplinary life sciences research on the state of the art facilities and equipment. We will shortly complete the development of our £38m innovation hub, Nexus, which will bring business and students together, developing the skills needed for the workplace. It will support students seeking to start their own businesses, and provide access to wider opportunities through placements, internships and networking. 

 

We have also completed smaller projects to help redesign laboratory and teaching space across campus to further improve our education facilities at Leeds. Since 2017 we have completed refurbishment of the Central Teaching Space, Priestley Building, School of Healthcare, School of Design, School of Dentistry and School of Food Sciences, which accumulated a £21m investment for our campus.

For more information about our investments visit our campus developments website.