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Student fees

A breakdown of the student fees set internationally and in the UK, and how the fees are spent.

How are International and UK fees set?

Our staff have worked hard to earn our international reputation as a London university with high quality teaching, campus and facilities as well as strong networking opportunities for students in the real work environment.

We occupy a single site campus providing 4,600 students with accommodation, sports playing fields and gym, alongside teaching, educational, research and recreational facilities.

As well as this, students enjoy all the cultural and social activities that London has to offer.

We attract around 20% to 25% of our students from countries across the world. To attract these high quality, impressive students we ensure our fees are competitive with other international institutions that offer comparable high quality courses. The majority of tuition fees are set in three bands – currently £13,500, £14,750 and £16,500 – with the annual fees being reviewed each year and published on our website.

For residents of countries in the UK and the EU, the British government offers student loans to undergraduate students and contributes to the scholarships and bursaries awarded to students from disadvantaged backgrounds. In exchange, the undergraduate tuition fees are limited to £9,000 per year for all UK and EU citizens. The British government also provides grant funding for high cost subjects and for research.

All our students benefit from research informed teaching, but our research activities are even more closely related to teaching at postgraduate level. In recognition of this, we charge graduate students from the EU at a lower rate than international students, with the annual fees for the three international bands currently £13,500, £14,750 and £16,500 - these fees are also reviewed each year and published on the website.

What do we spend student fees on?

Your fees provide dedicated course resources with specialist academic teachers alongside shared and pooled support. This includes:

  • Departmental Tutors,
  • College Inquiry teams,
  • The University Library,
  • A broad range of multi-disciplinary books,
  • Research journals,
  • Monographs,
  • Plus much more.

The University’s sources of income

sources-of-income

The University’s expenditure

We prioritise expenditure in the academic departments and its research institutes, but we also ensure that vital central support services are funded.

This includes:

  • the library,
  • student registration and support,
  • human resources,
  • finance,
  • security,
  • maintaining buildings and facilities,
  • purchasing and maintianing IT hardware,
  • purchasing IT software,
  • purchasing and maintaining IT infrastructure.

The expenditure can be analysed a number of ways; analysis by cost type and by activity are show below:

By activity:

SOI-by-activity

Academic services include library costs, as well as direct student support costs.

The estates costs include repairs and maintenance of the University’s campus, including residential and academic buildings.

Research grants and contracts expenditure is directly related to the research grants and contract income noted in the income analysis

By cost type:

cost-type

The largest cost above is staff costs, representing around 54% of total expenditure, which is broadly in line with the higher education sector average.

Depreciation represents the annual effect of spreading the cost of our capital assets (such as buildings and equipment) over their economic life.

The interest cost is a fixed annual cost of servicing the University’s long term borrowings which financed the construction of the student residences on the campus during the last decade.

The University’s financial surplus

Brunel University is a charity with an educational mission to create knowledge and advance understanding, and therefore reinvests any surplus to enable this.

We do not pay out any profits to shareholders.

We plan to spend most of our income over the medium term, on the provision of teaching and research.  A small level of surplus is targeted, over the medium and long term, to ensure that appropriate levels of capital investment can be made in the infrastructure of the campus.

We recorded a surplus of £4.1m in 2014/15, following a slightly larger surplus of £6.0m in 2013/14.

Summary financial results

 

2014/15

2013/14

 

£’m

£’m

Income

200.7

192.4

Expenditure

(196.6)

(186.4)

Surplus / (Deficit)

4.1

6.0

Net Operating Cashflow

12.8

26.7