University Finances 2019-20

Where our money came from in 2019-20

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:

Income Analysis for 2019-20



YEAR ENDED 31 JULY 2020 (£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.


Office for 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 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 2019-20

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.

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

A breakdown of our expenditure, excluding the exceptional pension credit of £21.2m in respect of the University Superannuation Scheme, is shown below:

Expenditure Analysis for 2019-20



YEAR ENDED 31 JULY 2020 (£’m)

Academic departments

Academic departments provide 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, IT facilities 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 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.





As a university, we provide services and facilities to over 20,000 students and employ 2,289 staff.

We’ve invested heavily in our facilities over the last decade, ensuring our students have access to industry-standard facilities and equipment.  In 2019/20, we spent £14m 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 £1.2m last year to support their work.

Our campus continues to evolve and grow. We have recently completed the construction of an all-weather pitch at David Lewis playing field built to Sport England standards.  We have also expanded our teaching space at Media City.  Towards the end of the year we started the construction of two major projects, a £13m Energy House 2 (funded by European Regional Development Fund (ERDF) and OfS) and a new £65m Science Building.  Work will also commence in 2020-21 on a new £13m Robotics centre (funded by ERDF).

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