University Finances 2018-19

Where our money came from in 2018-19

The University is a registered charity and our income comes from a wide variety of sources. Any surplus income generated in the year is reinvested back into improving facilities.

You can see the breakdown of where our income comes from below:



YEAR ENDED 31 JULY 2019 (£’m)

Tuition fees and education grants

Our main source of income is tuition fees from undergraduate UK and EU students. Fees are currently capped at £9,250 per annum funded by government supported student loans which are repaid when graduates earn above a certain limit. Other tuition fees include those for post graduate teaching and overseas students.


OfS Funding Body Grant

Some highly specialised subjects are more expensive to teach and the OfS covers some of the funding gap with grants.


Other Income

This includes income from other sources, such as providing products (including tenant and leisure facilities), undertaking consultancy work and provision of nursery services. It also includes notional income of £7.2m as the University underwrites the student rooms for the Peel Park residences run by Campus Living Villages, our third-party residence provider. There is a corresponding notional cost within expenditure.


Research Grants and Contracts

This includes research grants from UK and EU governments, other public sector bodies, charities and industry.


Investment Income

This is income earned on cash balances.


Donations and Endowments

Donations come from private and business donors.




How we spent our money in 2018-19

At Salford we use our income to deliver teaching and learning, carry out research and undertake enterprise activities. Our vision of preparing students for life is at the core of all we do. This is achieved through collaboration with industry across learning, research and enterprise and enhancing employability activities.

Underpinning this is our commitment to student support and wellbeing services; continuing to improve our campus, wider environment and the student experience, including opportunities provided by the Students’ Union.

This requires investment in academic and support staff, facilities and equipment to create a vibrant learning environment. It also means continuing to spend on the professional development of our staff.

All of this, we believe, leads to our students becoming unstoppable.

A breakdown of our expenditure is shown below:



YEAR ENDED 31 JULY 2019 (£’m)

Academic departments

Academic departments deliver postgraduate, undergraduate and any higher education award or credit bearing courses. They also undertake research, some of which is externally sponsored.


Academic support

This includes centralised academic services such as the library, learning resource centres, central computers, etc.


Admin and student support

This includes general educational expenditure and central administration costs including student assistance, marketing, human resources and finance.


Estates costs

This is the cost for the management of premises (including academic buildings, central academic services, sports buildings etc.) and roads and grounds (except residences and catering).


Residences and catering

This includes a notional cost of £7.2m reflecting the fact that the University underwrites the student rooms for the Peel Park residences run by Campus Living Villages, our residence provider. It also includes any conference operations.


Research grants and contracts

These are costs incurred in provision of sponsored research activity.


Other expenditure

This includes interest payments, the costs associated with running Salford Professional Development and other costs. In 2018-19 it includes £35.3m of non cash pension charges primarily due to the implementation of the March 2017 University Superannuation Scheme deficit recovery plan.





As a university, we provide services and facilities to over 20,000 students, and employ 2,262 staff.

We’ve invested heavily in our facilities over the last decade, ensuring our students have access to industry-standard facilities and equipment. In 2018/19 we spent £13m on our IT services, working in line with our transformational One Digital Campus programme to grow our digital capabilities.

Our Students’ Union (USSU) is a separate registered charity run by students, for students. They provide all sorts of services; from an Advice Centre, to Sports Clubs and Societies, through to food, drink and events in the heart of campus at Atmosphere Kitchen and Bar. We provided a grant of £1m last year to support their work.

We continue to invest further in our Industry Collaboration Zones and our campus continues to evolve and grow. In addition to the above expenditure we have also undertaken a number of capital projects in the year. These include a new Automotive and Autonomous Vehicle Technology centre and a new Makerspace collaborative learning space.

In the coming year we will be commencing the build of two new exciting projects , a £13m Energy House 2 (funded by ERDF and OfS) and a new £65m Science Building.

Further information on the University’s income and spending can be found in our Integrated Report at