Keele University
Notes to the Accounts For the year ended 31 July 2021
1 Tuition fees and education contracts
|
Year ended 31 July 2021 |
Year ended 31 July 2020 |
|
Consolidated and
University
|
Consolidated and
University
|
Notes |
£’ 000 |
£’ 000 |
Home and EU students |
76,682 |
71,426 |
International students |
7,984 |
7,226 |
Short course fees |
488 |
747 |
Degree Apprenticeships |
1,335 |
719 |
Home and EU fees paid by the Department of Health |
324 |
1,352 |
Other fees |
44 |
41 |
86,857 81,511
|
Year ended 31 July 2021 |
Year ended 31 July 2020 |
2 Funding body grants |
Consolidated and
University
|
Consolidated and
University
|
|
£’ 000 |
£’ 000 |
Recurrent grants Office for Students ( OfS ) |
11,164 |
10,519 |
Research England ( RE ) |
8,395 |
8,190 |
Capital Grant |
75 |
1,572 |
Specific grants Office for Students |
3,191 |
3,496 |
Higher Education Innovation Fund ( HEIF ) |
1,533 |
1,383 |
Capital Grant |
823 |
- |
25,181 25,160
Recurrent grants The University receives recurrent annual funding from OfS and RE . The OfS recurrent funding is based is to support high-cost subject funding and targeted allocations to support important or vulnerable features of higher education in accordance with key OfS policy initiatives .
The University recognised the additional Teaching capital income in full during 2020 / 21 for the OfS grant year from 1 April 2020 to 31 March 2021 . There is no other funding body capital grant income recognised .
Specific grants The specific grant from the OfS relates primarily to the National Collaborative Outreach Programme ( NCOP ), where the income and expenditure are matched . RE provides HEIF funding for knowledge exchange to support and develop a broad range of knowledge-based interactions between universities and the wider world , which result in benefits to the economy and society . The capital grant income relates to two specific in year capital funds provided by the OfS and RE
3 Grant and fee income
|
Year ended 31 July 2021 |
Year ended 31 July 2020 |
|
Consolidated and
University
|
Consolidated and
University
|
Notes |
£’ 000 |
£’ 000 |
Grant income from the OfS |
14,382 |
14,165 |
Grant income from other bodies ( incl furlough income ) |
21,911 |
16,874 |
Fee income for taught awards |
85,450 |
79,752 |
Fee income for research awards |
655 |
794 |
Fee income from non-qualifying courses |
751 |
965 |
Total grant and fee income 123,149 112,550
Grant income from the OfS This includes grants by the OfS for the provision of education , the provision of facilities and the carrying on of other activities . This includes recurrent teaching funding ( including targeted allocations , high-cost subject funding , National Collaborative Outreach Programme (“ NCOP ”) funding and any other recurrent teaching funding ) and non-recurrent funding ( including grants for capital infrastructure , challenge competitions or any other nonrecurrent grant funding ) from the OfS .
Grant income from other bodies This includes grants by UKRI , Research England or any other body . This includes the knowledge exchange funding that is distributed by both UKRI and the OfS in the form of Higher Education Innovation Funding .
44