Students’ unions are funded from a variety of income streams.
Unions occasionally own their own buildings, but this is the exception. They are often located in college or university buildings close to teaching facilities, where they may pay a commercial rent or a space usage fee. Where an institution operates from more than one site the Students’ Union may also operate from a number of offices. Depending on the history of the union, financial reserves are used to support activities in difficult times or when major investment is required.
The profile of services provided by a union varies according to the type and size of institution, its history, the student demographic, whether an institution is campus based or multi-sited, competition from other providers and the services provided by the University or college. No union is the same – their services will often vary significantly.