of £1.025 billion (2022/23 – £1.239 billion). Key sources of income included £714.3 million from tuition fees and education contracts (2022/23 – £659.9 million), £151.0 million from funding body grants (2022/23 – £184.2 million), £287.9 million from research grants and contracts (2022/23 – £271.1 million), 31.2 million from investment income (2022/23 – 17.4 million) and £8.3 million from donations and endowments (2022/23 – £18.6 million).
At year end, Manchester had endowments of £240.2 million (2023 – £221.6 million) and total net assets of £2.215 billion (2023 – £1.870 billion). It holds the seventh-largest endowment of any university in the UK.
== Academic profile ==
The University of Manchester is the 3rd largest university in the UK (following The Open University and University College London). The University of Manchester attracts international students from 160 countries around the world.
Well-known members of the university's current academic staff include computer scientist Steve Furber, economist …