Overseas fee income grows again as share of total

The UK’s universities increased their income from overseas students once again last year, with their fee payments rising to 12.7 per cent of total income.

March 5, 2015

The rise, which came despite continued anxieties over the impact of the government’s visa regime on recruitment from outside the European Union, is revealed in income and expenditure figures for UK higher education institutions published today by the Higher Education Statistics Agency.

Total income for the UK sector was £30.7 billion in 2013-14, up from £29.1 billion the previous year (a 5.5 per cent rise). Expenditure rose to £29.4 billion, up from £.9 billion the previous year (a 5.4 per cent rise).

The largest source of income was “total tuition fees and education contracts”, accounting for £13.7 billion or 44.5 per cent of total income in 2013-14. That was up 17.3 per cent from £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 £3.9 billion, or 12.7 per cent of total income. That was a rise on 2012-13, when non-EU fee income was £3.5 billion, or 12.1 per cent of total income.

The largest item of expenditure was academic staff costs, standing at £9 billion or 30.7 per cent of total expenditure. That was up from £8.5 billion, or 30.6 per cent of total expenditure, the previous year.

john.morgan@tesglobal.com

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments

Featured Jobs

Most Commented

men in office with feet on desk. Vintage

Three-quarters of respondents are dissatisfied with the people running their institutions

A group of flamingos and a Marabou stork

A right-wing philosopher in Texas tells John Gill how a minority of students can shut down debates and intimidate lecturers – and why he backs Trump

A face made of numbers looks over a university campus

From personalising tuition to performance management, the use of data is increasingly driving how institutions operate

students use laptops

Researchers say students who use computers score half a grade lower than those who write notes

Canal houses, Amsterdam, Netherlands

All three of England’s for-profit universities owned in Netherlands