Income of higher education providers in the United Kingdom by category, 2014-2022 (Billions GBP)
HESA
29 Apr 2024
Tuition fees and education contracts are the largest revenue sources for UK higher education providers, growing from ยฃ15.5 billion in 2014 to ยฃ27 billion in 2022, reflecting the shift towards tuition-based funding. Research grants and contracts increased by 53% from 2014 to 2022. Funding body grants increased by nearly ยฃ1 billion, and other income grew by 23% over the same period. Smaller income streams like investment and donations have also contributed to the overall increase in higher education funding.
CC BY 4.0