Loughborough University is a public research university in the market town of Loughborough, Leicestershire, England. It has been a university since 1966, but it dates back to 1909, when Loughborough Technical Institute was founded. In March 2013, the university announced it had bought the former broadcast centre at the Queen Elizabeth Olympic Park as a second campus. The annual income of the institution for 2022–23 was £369.1 million, of which £48.3 million was from research grants and contracts, with an expenditure of £339.1 million.