Value for money
Intro
UWL does not make a profit. We reinvest to improve the University and provide value for money to students by focusing expenditure on the student experience.
How we spend our money
High-quality teaching is an issue that students raised in an OfS commissioned report on value for money. The University’s highest expenditure is within teaching departments, focusing upon employment and development to ensure well-qualified teaching staff.
The University also invests a considerable amount in student support through Student Services, Library Services, IT, Engagement team and our generous bursary and scholarship packages.
We also invest in our Students’ Union to provide social capital to our students through their extracurricular and course-based activities as well as providing a student advice service.
Value for money is also closely linked to affordability therefore the University works to avoid additional costs in addition to the tuition fee.
Graphs
Breakdown of our income: 1 August 2019 – 31 July 2020
-
£56.5m (49%) - UK tuition fees
- £28.2m (24%) - Enterprise income
- £12.5m (11%) - EU tuition fees
- £11.1m (9%) - Overseas tuition fees (excluding EU)
- £7.7m (7%) - Government/nursing grants
Breakdown of our spend: 1 August 2019 – 31 July 2020
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£46.9m (49%) - Teaching departments
- £15.2m (16%) - Buildings and facilities maintenance
- £14.7m (15%) - Student welfare and employability
- £10.4m (11%) - Student accommodation and catering
- £8.4m (9%) - IT and Library