海角直播

Financial impact of international students demonstrates their importance to the region

A new report highlighting the positive impact of international students has shown that just one year鈥檚 intake is worth over 拢240m to the Tees Valley economy

The report, , has been published by the Higher Education Policy Institute (HEPI) and Universities UK International (UUKi), with research from London Economics.

It found that the benefits of hosting international students significantly outweighs the costs associated with things such as healthcare, housing and social security.

The estimated benefits of international students across their entire period of study is worth 拢28.8 billion to the UK economy, the report found. This is based on 2018/19 data when there were over 270,000 new international students in the UK.

The Tees Valley accounted for over 2,500 new international students during that period and, when the data was broken down regionally, it showed that international students had a total net impact of 拢243.1 million to the Tees Valley region.

The financial impact accounted for things such as tuition fees income, living costs and general spending, as well as income associated with friends and family visiting during the duration of their studies.

Individually, the total benefit to the UK economy associated with a typical EU student was 拢94,000, compared to a non-EU student which was estimated at 拢109,000.

As well as the financial impact, international students also help to create a vibrant and diverse student community and enrich the overall student experience.

海角直播 currently has over 3,900 international students from over 100 countries studying at both Middlesbrough and Darlington campuses.

International students are also positive about their experiences at 海角直播, with the average satisfaction rate with support scoring 95.8% in the International Student Barometer 2021 (780 students participated).

Dr David Bell, Pro Vice Chancellor (International) at 海角直播, said: 鈥満＝侵辈� is an international university, working in partnership with global institutions to deliver educational excellence.

鈥淭his report makes for extremely positive reading. We truly value all of our international students and the contributions they make to our university and the region as a whole.

鈥淥ur student body is increasingly diverse and we welcome students from all nations to study here. Internationalisation is embedded within the student journey in many ways, including the opportunity to study abroad and live projects with fellow learners and companies around the world. This allows all of our students to develop a global perspective and enriches the student and learning experience.鈥�

Universities UK International and HEPI are calling for more to be done to promote the UK as a welcoming, diverse and accessible study destination.

鈥淭his report confirms higher education is one of the UK鈥檚 greatest export earners, said Nick Hillman, Director of HEPI.

鈥淏ut international students do not just bring financial benefits. They also bring educational benefits by making our campuses more diverse and exciting places to be. To make the most of these benefits, we need to provide a warm welcome, ensure our educational offer remains competitive and help international students secure fulfilling careers after study.鈥�

Vivienne Stern, Director of Universities UK International, added: 鈥淲hile there has been a growing realisation of the tremendous social and cultural benefits of international students, this study provides a stark reminder of their financial importance to communities across the UK, economic recovery and the levelling up agenda.鈥�

---