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 £15.5 billion in 2014 to £27 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 £1 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.
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