ABERYSTWYTH University’s campus on the paradise island of Mauritius lost £375,000 in its first year, figures have revealed.
The controversial campus on the island, initially delayed from its mooted opening in 2014, opened in 2015 to much fanfare - but questions were raised early on as to how many students it had attracted and whether the investment was worth the money as staff were cut and facilities closed at Aberystwyth amid dwindling finances.
The university’s accounts for 2015/16 show that the campus brought in just £173,000 in tuition fees - of which the university received just £40,887 due to their partnership with Boston Campus Limited on the project.
With staffing costs, Aberystwyth University incurred a net expenditure for running the campus of £375,000.
The accounts say the losses “reflect the fact that there was only one year of fee-paying students at the campus”, but the institution has remained tight-lipped over the number of students the Mauritius campus attracts.
An Aberystwyth University spokesperson said Mauritius campus was a “long-term investment” and that the project was “on target and being delivered within a planned budget.”
“Recruitment for 2015/16 was in line with expectations and compared well with competitor UK institutions during their first year of operations on the island,” the university said.
“We will continue to build on these sound early foundations and expect in the years ahead to see a return on our investment not only in financial terms but also levels of student success and satisfaction.”
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