Overseas fee income grows again as share of total

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

March 5, 2015

The rise, which came despite continued anxieties over 바카라사이트 impact of 바카라사이트 government¡¯s visa regime on recruitment from outside 바카라사이트 European Union, is revealed in income and expenditure figures for UK higher education institutions .

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

john.morgan@tesglobal.com

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