True value of international students revealed by area.

Posted on 11th January 2018

Students from the EU and beyond bring at least £37 million a year to the economy in the city of Chester, £19.4 million in Ellesmere Port and Neston and £31.8 million across Warrington, according to the first national independent report of its kind, published today (Thursday January 11).

International students explore their new home in Chester
International students explore their new home in Chester

The University of Chester, has four campuses in Chester (Parkgate Road, Riverside, Kingsway in Newton and Queen’s Park in Handbridge,) together with the University’s Warrington Campus in Padgate and Thornton Science Park in Ince. Although the spending power of its 855 international students from more than 130 nationalities, extends far wider than these geographical areas.

Across the North West region, international students are shown to generate £1.91 billion.

Unlike earlier analysis, The costs and benefits of international students by parliamentary constituency balances both aspects, to arrive at a net sum which indicates the students’ overall economic worth. Public costs of hosting students include education, health and social security. However, today’s survey demonstrates that the benefits outweigh the costs 10 times over and equate nationally to an additional £310 per UK resident.

The international students’ contribution is measured extensively in terms of factors ranging from: income from tuition fees; the impact of universities spending this on staff, goods and services; students’ non-tuition fee expenditure, such as accommodation, food, transport, books, childcare and entertainment, and the knock-on effects of this and the influence of spending by their families and friends visiting the UK.

The research, conducted by London Economics on behalf of the Higher Education Policy Institute (HEPI) and Kaplan International Pathways, gives a breakdown by political boundaries and considers the cohort of EU and non-EU undergraduate and postgraduate students starting UK universities during the 2015/16 academic year (latest available figures.)

Jonathan Pritchard, Head of the University’s International Centre, said: “To the University of Chester, international students are an invaluable part of our community, on and outside campus.

“International students as individuals enrich both the areas where they live and the student body, bringing cultural diversity and a greater understanding of the wider world. Their involvement with UK universities can enhance overseas investment, business and trade links and even indirectly aid diplomatic relationships.

“Additionally, this new report quantifies and evaluates the very tangible advantages of having a significant international student presence and we welcome its findings.”

The full report is available here: http://www.hepi.ac.uk/wp-content/uploads/2018/01/Economic-benefits-of-international-students-by-constituency-Final-11-01-2018.pdf

Note to Editors:

The Higher Education Policy Institute

The Higher Education Policy Institute (HEPI) was established in 2002 to influence the higher education debate with evidence. It is UK-wide, independent and non-partisan. It is funded by organisations and universities that wish to see a vibrant higher education debate as well as through its own events. HEPI is a company limited by guarantee and a registered charity.

Kaplan International Pathways

Kaplan International supports the higher education sector worldwide in achieving its internationalisation and diversity ambitions. It does this through on- and off-campus pathway programmes for international students and innovative solutions such as Transnational Education, online delivery, targeted direct student recruitment, and student residences.

London Economics

London Economics is one of Europe's leading specialist economics and policy consultancies. Based in London and with offices and associate offices in five other European capitals, it advises an international client base throughout Europe and beyond on economic and financial analysis, litigation support, policy development and evaluation, business strategy, and regulatory and competition policy.

Its consultants are highly-qualified economists who apply a wide range of analytical tools to tackle complex problems across the business and policy spheres. Its approach combines the use of economic theory and sophisticated quantitative methods, including the latest insights from behavioural economics, with practical know-how ranging from commonly used market research tools to advanced experimental methods at the frontier of applied social science.