At Leeds Arts University we are careful to balance our expenditure around staffing, facilities and other resources to ensure our students get the highest quality education in the arts. Below are some key facts and figures on where we invest our income.
Over the 2022-23 academic year:
85% of income was from tuition fees
Nearly £600,000 was spent on bursaries and hardship funds
In addition, £236,000 was given to students to support their costs of study
Nearly £1million was spent on maintenance and repairs
60% of income was spent on staffing
£500,000 was spent on the new café and studio renovation (due for completion in 2024)
Over £1.1million was invested in IT, photography and film equipment
Income and Expenditure
INCOME | £'000 |
Fees | 21,755 |
Grant | 3,398 |
Other income | 105 |
Donations | 1 |
Investment income | 473 |
Total | 25,732 |
|
|
PAYROLL COSTS |
|
Staff costs | 15,437 |
|
|
NON PAYROLL COSTS |
|
Academic departments | 900 |
Academic services | 1,086 |
Admin/central services | 1,247 |
General educational | 1,019 |
Staff and student costs | 325 |
Repairs and maintenance | 1,229 |
Premises and catering | 1,126 |
Depreciation | 1,531 |
Interest | 221 |
Total | 8,684 |