What do we spend the money on?
While teaching students is our primary concern, there are a lot of expenses associated with running the University that ensure we provide a good experience for our students and can make the difference we want to in our local and national community.
In 2016/17, the University spent £52 million (66% of our total spend) on academic departments and services, general education (including student bursaries and scholarships), and staff and student facilities. This is the money that is invested to provide the best quality teaching and learning experience that we can for our students.
A further £14 million (18%) was spent on our premises and residences. This includes maintenance and general improvements, as well as money spent on ensuring our security, catering and other services are as good as possible.
Of the remainder, £9 million (11.5% of the total) was spent on central administration and services. These are things we have to do to keep the University running successful, such as having a Finance Department, keeping accurate student records, and organising graduation ceremonies. We spend a further £799k on research grants and contracts (1% of the total).
Over the past few years, the University has put a lot investment into helping students gain employability skills. Every student at the University of Gloucestershire has access to the Your Future Plan scheme, which provides help, advice and practical sessions to explore career options, gain work experience, build skills and discover strengths and ambitions. This service helps students to prepare for building a successful career on completion of their degree.
More detailed information on how we manage our money can be found in our latest financial report.
Find out what we're investing in