financial year ending 31 July 2024, Newcastle had a total income of £619.8 million (2022/23 – £592.4 million) and total expenditure of £475 million (2022/23 – £558 million). Key sources of income included £307.4 million from tuition fees and education contracts (2022/23 – £286.2 million), £88.7 million from funding body grants (2022/23 – £88.9 million), £126.1 million from research grants and contracts (2022/23 – £119.3 million), £9.8 million from investment income (2022/23 – £6 million) and £7.6 million from donations and endowments (2022/23 – £11 million).
At year end, Newcastle had endowments of £94.8 million (2023 – £87.1 million) and total net assets of £627.2 million (2023 – £474.9 million). It holds the sixteenth-largest endowment of any university in the UK.
Due to a decline in the intake of international students as of 2025, the university is undergoing 300 full-time job cuts to recover from a £35 million shortfall. Since 20 January 2025, the university heads have proposed a "voluntary severance scheme" to allow staff to voluntarily leave their jobs, but they will not rule out forced job losses if the scheme does not reach their goal. Staff voted to take part in industrial strike action to oppose the cuts.
== Academic profile ==
=== Reputation and rankings ===
The university is a member of the Russell Group of the UK's research-intensive universities. It is ranked in the top 200 of most world rankings, and in the top 40 of most UK rankings. As of 2023, it is ranked 110th globally by QS, 292nd by Leiden, 139th by Times Higher Education and 201st–300th by the Academic Ranking of World Universities. Nationally, it is ranked joint 33rd by the Times/Sunday Times Good University Guide, 30th by the Complete University Guide and joint 63rd by the Guardian.
=== Admissions ===
In terms of average UCAS points of entrants, Newcastle ranked joint 19th in Britain in 2014. In 2015, the university gave offers of admission to 92.1% of its applicants, the highest amongst the Russell Group.
25.1% of Newcastle's undergraduates …
