Value for money

Where to find Value for Money information

The University publishes information on its website which addresses the Office for Students’ (OfS) definition of Value for Money (VFM):

• Teaching quality and feedback
• Consumer protection and information
• Fees
• Funding
• Efficiency

Teaching quality and feedback

• Governing Council (GC) and its committees receive a substantial amount of information on teaching quality and feedback throughout the academic year.
• The Teaching Excellence Framework (TEF) rates universities and colleges as Bronze, Silver or Gold depending on the quality of their teaching. Derby is rated TEF Gold.
• National Student Survey (NSS), Graduation Outcomes, Attainment Gap, Institutional Success Measures (ISMs): regular reports on these and on performance against ISMs are received at Audit & Risk Committee (ARC), Performance, People & Resources Committee (PPRC), Student Voice Committee (SVC) and Skills Committee as well as at GC. GC also received updates on preparation for TEF 2024 and is now receiving regular updates on preparation work for TEF 2027. Minutes for these committees are available online on our published minutes webpage.

Consumer Protection and Information

Prospective students should be aware of what their educational experience will involve. They can be surprised by extra costs.

Almost a quarter of respondents to the OfS Value for Money survey said that they were 'not informed of or prepared for how much everything would cost as a student'. These issues, and others where student expectations are not met, may result from a lack of information available to students.

Good consumer information should inform students about what they can expect for their fees.

We publish this information in a number of areas on our website:

• How your undergraduate fees are spent
• What we spend and how we spend it
• Accommodation FAQs
• Unibus and public transport
• Student car parking

Fees and finance

We publish information about tuition fees and scholarships and bursaries.

• Tuition fees
• Undergraduate scholarships and bursaries
  
• Postgraduate scholarships and bursaries

Funding

We publish annual reports and financial statements, research funding, and resources for external visitors.

• Finance information for external visitors
• Annual reports and financial statements
• Research funding 

Efficiency

• The Audit & Risk Committee and Performance, People & Resources Committee receive regular reporting on financial, staffing and environmental efficiency.
• Minutes are available on our published minutes webpage
• We also publish extensive environmental efficiency information