Value for money
Of our budget is spent on our diverse team of tutors, support staff and professional staff
Of our budget is spent running our facilities and buildings on campus
At the University of Hertfordshire, we are continually investing so that we can provide the best experience possible for our students. By investing in our staff, buildings, and facilities on campus, we are improving teaching outcomes and providing positive employment opportunities for our students.
Over the past few years, we’ve invested in important facilities such as our innovative Learning Resources Centres (LRCs) which are open 24/7 for when our students need to use them. We’ve also invested in a state-of-the-art Enterprise Hub where local businesses, staff and students can work collaboratively on exciting enterprise ideas and projects, and in our world-class Institute of Sport which provides students with the opportunity to get hands-on experience with industry standard kit.
Looking ahead to 2024, we’ll be opening our new School of Physics, Engineering and Computer Science building which will be versatile, multi-purpose and flexible providing the space needed to work effectively with cutting-edge tools and facilities for students, staff and businesses.
It’s important that students feel part of the Herts community and can easily access the development and support that they may need. Which is why we are also continuing to invest in providing work placements and study abroad opportunities, wellbeing and health services, and social and sporting clubs and activities. Our investment has a big impact on our students’ experiences at university and helps to prepare them for life after Herts. Read from one of our students below, who took part, and competed in, one of our sporting clubs – HertSquad.
View our tabbed content below to explore in more detail where the University’s money comes from and how we spend our money. You can also read our 2020-25 value for money strategy.
Where the University’s money comes from
Income | Total |
---|---|
Tuition fees and education contracts | 69.3% |
Funding body grants | 6.5% |
Research grants and contracts | 2.9% |
Other income | 19.2% |
Investment income | 1.8% |
Donations and endowments | 0.3% |
How we spend our money
Staff costs | Total | Running costs | Total |
---|---|---|---|
Academic | 21.0% | School | 17.0% |
School support | 3.0% | Library and IT supplies | 3.0% |
Research | 2.0% | Housing and maintenance | 9.0% |
Library | 3.0% | Estates | 7.0% |
Support | 2.0% | UNO Bus | 0.0% |
Professional and business | 17.0% | Other and interest | 10.0% |
Depreciation | 5.0% |