The University receives income from many sources, but by far the largest amount of income comes from academic tuition fees.
Other sources of income include money we receive for providing accommodation and catering services. We also receive some funding from Government grants and research grants.
Income is used to fund all of the day-to-day activities of the University, including the provision of teaching and support to our students and to fund our research activities. The income funds the running of our four faculties and the additional services our students are able to access (library, learning resource centres, sports facilities, dance studios, IT labs). We also receive funding through the Government led Research Excellence Framework which allows us to offer a diverse portfolio of Post Graduate research opportunities.
The income we receive benefits you through enabling the University of Winchester to offer world-leading, values-driven higher education.
The University aims at putting the students at the heart of everything we do including how we spend our money. The single largest cost to the University is the cost of providing our academic teaching departments and academic services for both undergraduate and postgraduate study.
We also spend money on providing our catering (refectories, cafes) and accommodation facilities to our students and we support the Students' Union with an annual maintenance grant.
As well as our day-to-day operating expenditure we also spend considerable money to maintain our estate and to invest in longer term projects and developments to keep our facilities at the forefront of technology both ergonomically and environmentally.
How do we use your tuition fees?
Your tuition fees are a vital part of the funding we use to ensure the University of Winchester provides world-leading, values-driven higher education.
This benefits you through research-led education, and contributes towards areas such as academic services, building maintenance and running your departments and subjects. Your tuition fees makeup around two-thirds of our total income and is just one of the many sources of income received by the University. Research grants, government funding and income from halls, catering and business partnerships also contribute to our overall income.
Our income, including your tuition fees, is used in a number of areas to support the delivery of our portfolio of courses, to provide the excellent infrastructure and facilities we offer and to provide a world-class learning environment at the University of Winchester. These funds enable us to continue to provide an outstanding environment for our students and staff.
How do we divest our surplus funds?
The University holds people, the planet, and all living things in the highest regard. Our strategic plan commits us to reducing our environmental impact and improving sustainability across the institution.
The University has made a commitment to environmental sustainability through the implementation of its Ethical Investment Policy and is currently engaging on a revision of its investment portfolio to ensure funds are fully divested, favouring investments with institutions that identify with our five positive ethical assessment criteria:
- responsible employment practices
- best corporate governance practice
- conscientiousness with regard to human and animal rights
- sustainable environmental practice
- sensitivity towards the communities in which business operates
The Ethical Investment Policy governs how the University invests its surplus funds, including how it ensures that investments are diversified, financially safe, ethical and compliment the University’s values.
To date the University has divested £5mil into the Nationwide Building Society which is recognised as a green / ethical fund by the EIRIS Foundation (Ethical Investment Research and Information Service). The divested funds include all University of Winchester endowment funds. The University continues to review its treasury management, in light of the Ethical Investment Policy, as funds on long term deposits mature for reinvestment.
Number of students 2014/15 (from the latest HESA student record)
Number of students: 7,487
Full-time: 5,833 (78 per cent)
Undergraduate students: 5,911
Postgraduate students: 1,576 (10 per cent of which are higher degrees)
International students: 6.3 per cent
Number of staff 2014/15 (HESA)
Academic staff: 645
Other staff: 465