The rise, which came despite continued anxieties over the impact of the government鈥檚 visa regime on recruitment from outside the European Union, is revealed in income and expenditure figures for UK higher education institutions .
Total income for the UK sector was 拢30.7 billion in 2013-14, up from 拢29.1 billion the (a 5.5 per cent rise). Expenditure rose to 拢29.4 billion, up from 拢.9 billion the previous year (a 5.4 per cent rise).
The largest source of income was 鈥渢otal tuition fees and education contracts鈥, accounting for 拢13.7 billion or 44.5 per cent of total income in 2013-14. That was up 17.3 per cent from 拢11.7 billion, or 40 per cent of total income, the previous year as the transition to the fees-based system continued.
Within 2013-14 income, fees from non-EU students were 拢3.9 billion, or 12.7 per cent of total income. That was a rise on 2012-13, when non-EU fee income was 拢3.5 billion, or 12.1 per cent of total income.
The largest item of expenditure was academic staff costs, standing at 拢9 billion or 30.7 per cent of total expenditure. That was up from 拢8.5 billion, or 30.6 per cent of total expenditure, the previous year.
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰鈥檚 university and college rankings analysis
Already registered or a current subscriber?




