Finance
Detailed information on the University's financial matters is contained in the University's Annual Reports.
Australian Business Number
The University of Queensland's Australian Business Number (ABN) is 63 942 912 684.
Key statistics
In 2018, ¹ú²ú̽»¨:
- generated $1,969,354,000 total operating revenue
- employed 6613 staff
- educated 53,692Â Australian and international students
- awarded 7338 undergraduate degrees
- awarded 5220 postgraduate degrees.
Revenue
University income includes Government grants and assistance, student contributions through the Higher Education Contribution Scheme and Higher Education Loan Program (HECS-HELP) and FEE-HELP, investment revenue, research grants and contracts, bequests, donations and miscellaneous revenue.
Expenditure
Most of ¹ú²ú̽»¨â€™s expense supports teaching and research, with the remainder used to improve and maintain libraries, student services, public services, academic support services, property, facilities and administration. In 2019, the University has continued to invest significantly in major infrastructure, such as the establishment of the $125 million ¹ú²ú̽»¨ Solar Farm at Warwick and the construction of the Sustainable Futures Building, which will provide a new home for chemical engineering and related disciplines at ¹ú²ú̽»¨.
Fundraising
¹ú²ú̽»¨ conducts fundraising activities directly through the Advancement Office. In 2018, ¹ú²ú̽»¨ received $65.82 million through the generosity of alumni, community and industry partners. Funds are used for scholarships, research, equipment, library resources and ¹ú²ú̽»¨ Link, the University's special entry program for students who have experienced educational disadvantage as a result of financial hardship.
In 2019, more than 300 ¹ú²ú̽»¨ Link scholarships – valued at $3000 per annum for up to three years – were awarded to school leavers and gap-year students.