Ranked: These are the unis making billions of pounds a year
So, they’re all minted?
Oxford and Cambridge are making over £2 billion pounds a year, new stats show. I repeat, TWO BILLION.
Figures released by HESA comparing the income of UK universities in 2019/20 show Oxford and Cambridge topping yet another league table.
With both making over £2 billion in the 2019/20 academic year, it was a long way down to the rest of the country’s unis.
Claiming third spot is UCL, with an impressive income of £1.5 billion. Edinburgh and Manchester also nagged a spot into the top five – all raking in over £1 billion a year.
The top 20 unis with the biggest incomes:
Oxford uni stands apart from all the others in that it received over £160m in income from donations and endowments. The closest uni after this was Cambridge – £85m – followed by Edinburgh, which raked in only £37m in donations.
Oxford also managed to get £100m in investment income – nearly 500% more than Cambridge who got the second highest amount.
UCL was the top of the pile when it came to making money from tuition fees, with around a third of its income falling under the “tuition fees and education contracts” category.