Expenditure

Finances of Higher Education Providers 2014/15 shows that UK HE providers had a total expenditure of £31.2 billion in 2014/15. £11.8bn (38.0% of the total) was spent through academic departments. Medicine, dentistry and health departments accounted for 8.7% of total expenditure.

HE Finance Plus 2014/15 shows that the total income of higher education providers in 2014/15 was £33.2 billion.² Tuition fees and education contracts contributed £15.6 billion or 47% of this total. The total expenditure of UK HE providers was £31.2 billion, of which £17.1 billion (55%) was spent on staff costs.

Finances of Higher Education Providers 2013/14 shows that UK HE providers had a total expenditure of £29.4 billion in 2013/14. £11.4bn (38.7% of the total) was spent through academic departments. Medicine, dentistry and health departments accounted for 8.9% of total expenditure.

HE Finance Plus 2013/14 shows that the total income of higher education providers in 2013/14 was £30.7 billion. Funding bodies provided £6.1 billion of this income, while tuition fees and education contracts contributed £13.7 billion.

HESA publication 'Finances of Higher Education Institutions 2012/13' released today.

Finances of Higher Education Institutions 2012/13 shows that UK HE institutions (HEIs) spent £2.4 billion on buildings and £0.7 billion on equipment in 2012/13, giving a total capital expenditure of £3.1 billion.

HE Finance Plus 2012/13 shows that the total income of higher education institutions (HEIs) in 2012/13 was £29.1 billion. Funding bodies provided £7.0 billion of this income, while tuition fees and education contracts contributed £11.7 billion.

Finances of Higher Education Institutions 2011/12 shows that the surplus of net income over expenditure for UK higher education institutions (HEIs) fell by 6.4% to £1.1 billion in 2011/12 from a high of £1.2 billion in 2010/11.

HE Finance Plus 2010/11 shows that the total income of higher education institutions (HEIs) last year was £27.6 billion. Funding bodies provided £8.9 billion of this income, while tuition fees and education contracts contributed £9.0 billion.

The newly released HE Finance Plus 2009/10 downloadable publication from HESA shows that the total income of higher education institutions (HEIs) last year was £26.8 billion. Funding bodies provided £9.0 billion of this income, while tuition fees and education contracts contributed £8.3 billion.

The newly released HE Finance Plus 2008/09 publication from the Higher Education Statistics Agency shows that the total income of higher education institutions rose by 8.3% between 2007/08 and 2008/09 to £25.4 billion. Funding bodies provided £8.8 billion of this income, while tuition fees and education contracts contributed £7.3 billion.