2018-19 Financial information for students

The University spends its income on the running of its academic departments, providing academic support services (such as the library and IT services), undertaking academic research, providing residences and catering for students, maintaining premises and facilities, running the university administration and central services, and running staff and student facilities (such as the sports centre and student support and counselling services).

Overall Income & Expenditure

The University spends its income on the running of its academic departments, providing academic support services (such as the library and IT services), undertaking academic research, providing residences and catering for students, maintaining premises and facilities, running the university administration and central services, and running staff and student facilities (such as the sports centre and student support and counselling services).

The cost of academic departments and academic support services represents just under half of the University's total expenditure. The remaining expenditure is essential in supporting the quality of the student experience. During 2018/19 over £157m was invested in delivering improved infrastructure and facilities to ensure that research, learning, teaching space, student facilities, accommodation and catering facilities are fit for purpose and enhance the student experience.

In 2018/19 the University reported a deficit due to an increase in the pension provision which reflects the requirement to cover our share of the USS pension deficit.

Total University Income by Source of Funds

Pie chart showing the total University income by source of funds

Student Fees and Education Contracts

All fee income, including support grants.  This includes fees for home, EU and international students at all levels of study.

Government Grants for Teaching

Office for Students (OFS) grants for teaching which subsidise the cost of more expensive programmes. This also includes the capital investment funds, which are grants to invest in the estate specifically to support teaching activity.

Government Grants for Research

UK Research and Innovation (UKRI) grants, based on Research Excellence Framework (REF) performance, which support research activity at the University. This also includes the capital investment funds, which are grants to invest in the estate specifically to support research activity.

Research Grants & Contracts

All income from competitive bids for research grants. These grants tend to come from research councils, charity funders, industrial funders and the UK Government.

Other Income

Income from consultancy activity, investment income, as well as donations and endowments.

Residences, Catering, Conferences

Income from residences including rental income from student residences and commercial units, as well as income from University catering outlets and conference operations.

Total University Expenditure by Activity

Pie chart showing total University expenditure by activity

Academic departments

Largely staff costs within academic departments at the University. This expenditure also includes the costs within academic departments such as equipment, IT, printing, courses and conferences.

IT, Library & Academic Services

Expenditure on centralised academic services such as the libraries, subscriptions, learning resource centres and central computers. This also includes the cost of staff working within those services.

Student Support

Expenditure on support facilities and amenities for students. This includes the grant to Liverpool Guild of Students, money for the hardship fund, student health and wellbeing services, wardens, the Careers and Employability Service and a subsidy to support Sport Liverpool.

Scholarships & Bursaries

The cost of cash payments made to students for bursaries, prizes, scholarships, or other similar awards.

Estate

All expenditure on the management of the estate including energy, water and sewage costs as well as repairs and general maintenance.

Running the University

This is the cost for central administration at the University. It includes expenditure for departments supporting examinations, fellowships, public lectures, concerts and exhibitions, widening participation activity, communications, marketing, alumni relations and student recruitment costs.

Direct Research Expenditure

These are costs relating to competitive research grants and include staffing as well as equipment costs and consumables.

Residences, Catering, Conferences

Expenditure associated with University residences (both student residences and commercial units), catering and conference operations. This includes staff and running costs.

How the Home/EU £9,250 Student Tuition Fee is spent

Student Fee Income Expenditure

The areas highlighted in the graph below are also supported by income from other sources, but for the purposes of demonstrating specifically how the home/EU £9,250 student tuition fee is spent we have excluded other income including government grants for teaching and research, research grants and contracts, and income from residences, catering and conferences.

Pie chart showing Home/EU Tuition Fee Spend

Academic departments – 49% of tuition fee

This includes pay for academic staff as well as other expenditure within academic departments such as equipment, IT, staff printing, training courses and conferences.

Scholarships & Bursaries – 16% of tuition fee

This covers the cost of cash payments made to students for bursaries, prizes, scholarships, or other similar awards, which support talented students and help to widen access to higher education.

Estate running costs – 5% of tuition fee

Our estate occupies more than 600 acres of land in and around Liverpool, and contains more than 200 buildings. The costs for running this sizeable estate includes energy, water and sewage costs as well as repairs and general maintenance.

IT, Library & Academic Services – 12% of tuition fee

This cost covers expenditure on centralised academic services such as the libraries, subscriptions, learning resource centres and central computers. This also includes pay for staff working within those services to support students.

Running the University – 9% of tuition fee

This is the cost for central administration at the University. It covers a long list of activities and services including expenditure for departments supporting examinations, fellowships, public lectures, concerts and exhibitions, maintaining an active and engaged alumni network to give students the opportunity to connect with mentors, and widening participation activity to inspire, engage and enable those students who are under-represented in higher education to fulfil their potential.

Student Support – 9% of tuition fee

This is the cost for running our support facilities and amenities for students. This includes funding for Liverpool Guild of Students, money for the hardship fund (which UK students experiencing financial difficulty can apply for), student health and wellbeing services, hall wardens, which provide students in University accommodation with practical and pastoral support, and our award-winning Careers and Employability Service. It also includes a subsidy to support Sport Liverpool, which serves to widen access to sporting facilities for all students.

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