University Of Aberdeen
Financial health, per FY2025 accounts
The accounts state that the University reported an overall surplus of £2.3m for the year ended 31 July 2025, following a significant prior-year surplus driven by pension provision reversals. Per the trustees' report, the underlying operating deficit was £4.3m, an improvement from the previous year's £8.5m, supported by cost savings and a recruitment freeze. The University maintains adequate cash reserves and has met all financial covenants, with the Court confirming sufficient resources to continue operations through July 2027. However, the financial outlook notes challenging headwinds, including competitive international student recruitment and rising costs, requiring further savings and strategic adjustments to meet future debt service covenants.
What the accounts disclose
“Tuition fees £85.9m 34%”
“At 31 July 2025, the defined benefit deficit of the scheme was £11.7m (2024: £13.7m).” — page 81