The total UK sector income in 2018/19 was £40.8 billion. Almost 50% of this income was from tuition fees, around 15% comes from research grants and contracts and around 6% comes from residences, catering and conferences.
The government recognises that the Covid-19 outbreak will have an unparalleled impact on all elements of the global and UK economy. The higher education sector, including student recruitment, is no exception.
On 4 May, my right honourable Friend, the Secretary of State for Education, announced a package of measures to stabilise university admissions this autumn and to ensure sustainability in higher education at a time of unprecedented uncertainty. My right hon. Friend, the Minister of State for Universities, wrote to all Honourable Members with full details of the package, details of which have also been published on GOV.UK: https://www.gov.uk/government/news/government-support-package-for-universities-and-students.
The government is doing all that it can to keep staff and students at our universities safe in this unprecedented situation whilst mitigating the impact on education. In March, my right hon. Friend, the Minister of State for Universities, wrote to students at higher education institutions to outline the support available. We continue to work closely with the sector, putting student wellbeing at the heart of these discussions.
Our latest guidance on the impact of Covid-19 is set out below: