The University of Southampton
University life

Our income and expenditure in 2017

We are working alongside our Students’ Union, SUSU, to provide information about our income and expenditure based on our financial statements.

This page provides information on our past income and expenditure from 2017/2018 as it was published last year.

View our most recent finance information

Where does our money come from?

The following table provides a detailed explanation of where our income is sourced. Around 45% of the University's income is sourced through student tuition fees, which estimates at £247.5m. This is followed by income from residences, catering and other sources, which makes up 22% of our income.

Analysis of 2017 Income

 2017 Total
Government funding grants £76,000,000
Student Tuition fees £247,539,000
Funding for Research grants £136,874,000
Income from residences, catering & other sources £127,302,000
Income from investments £1,420,000
 Total income £589,135,000

Did you know?

Through donations from students, staff, alumni and other supporters we have currently raised over £24m for our cancer immunology research.

Did you know?

Due to our track record of research excellence and impact, our research funding exceeds £136m per year.

How are your tuition fees spent?

The table explains how we spend the money we receive. From the table, 35.3% of the money is used to support the running of academic departments, ensuring students receive a high quality education. This estimates to roughly £192.9m.

Analysis of 2017 Expenditure by activity

 2017 Total
Running academic departments £192,931,000
Providing academic services £39,767,000
Undertaking research activities £82,642,000
Providing residences and catering £29,206,000
Maintaining buildings and facilities £50,864,000
Administration & central running costs £35,857,000
Consultancies, trading & services rendered £46,578,000
General educational expenditure £44,414,000
Other expenditure £23,356,000
 Total income £545,615,000

 

Did you know?

In the last year, the University spent:

2016/17 produced a surplus of £40.3 million, which represents 6.8% of the turnover of £589 million (an increase in turnover of £34.3m from 2015/16).

The University’s successful issuance of a public bond raising £300million at a record low rate of 2.25% marks the start of the most ambitious investment programme in our history.  Over the next decade, we plan to invest £600 million in our infrastructure and facilities.

During the 2016/17 financial year, the University invested £56.9 million acquiring or constructing capital assets.  Investment in our halls of residence continues and the New Chamberlain Hall, providing an additional 356 beds, opened in September 2016.

Work has started on South Gower, a new teaching and learning building on Highfield Campus, which will provide high quality, flexible teaching facilities, including additional lecture theatres and staff offices.  Boldrewood campus is near completion with the National Infrastructure Laboratory, a world-class structures laboratory, as part of the UK Collaboratorium for Research in Infrastructures and Cities.

The first dedicated Cancer Immunology Centre in the UK, based at the University Hospital Southampton NHS Foundation Trust site, is nearing completion and will be opened during the 2017/18 academic year. The project has been funded by the biggest fundraising campaign the University has ever undertaken with donations totalling almost £20 million from our supporters.

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