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University of St Andrews
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===Finances=== In the financial year ending 31 July 2024, the University of St Andrews had a total income of £310.8 million (2022/23 – £314.2 million) and total expenditure of £245.4 million (2022/23 – £293.1 million).<ref name="St Andrews Financial Statement 23/24" /> Key sources of income included £158.7 million from tuition fees and education contracts (2022/23 – £150.7 million), £43.3 million from funding body grants (2022/23 – £43.3 million), £40.3 million from research grants and contracts (2022/23 – £46 million), £5.6 million from investment income (2022/23 – £5.5 million) and £8.8 million from donations and endowments (2022/23 – £9 million).<ref name="St Andrews Financial Statement 23/24" /> At year end, St Andrews had endowments of £125.9 million (2023 – £114.9 million) and total net assets of £499.6 million (2023 – £428.1 million).<ref name="St Andrews Financial Statement 23/24" /> It holds the [[List of UK universities by endowment|twelfth-largest endowment]] and the third-highest alumni participation rate of any university in the UK.<ref>{{cite news |last1=Linklater |first1=Magnus |title=Louise Richardson: ‘We survived because people in past were forward looking’ |url=https://www.thetimes.com/article/louise-richardson-we-survived-because-people-in-past-were-forward-looking-k69pm3tgwg7 |work=The Times |date=2 March 2013 |language=en}}</ref>
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