Dundee University Students Association is expecting to be back in the black this year after suffering a six-figure loss.
It has had to make some staff redundant as it strives to get its finances back into surplus.
DUSA campaigns on behalf of the thousands of students on campus and hosts a variety of events at its Airlie Place building, which has several bars and nightclubs.
It made a loss of more than £100,000 last year, but its annual general meeting heard that its performance has been successfully turned around.
A report said: “After implementing a number of cost-saving measures in payment methods, staffing efficiencies and redundancies, DUSA is a leaner and fitter organisation.
“Careful budgeting by all departments and a focus on the products and services which students want has seen our budget deficit become a projected budget surplus provisionally in the tens of thousands.
“Rather than increase pricing across the board, only the prices of certain drinks on certain days were increased, thereby limiting the effect on students.
“The volume of sales of these drinks has not declined since the change and this small price increase has had a real impact in improving our financial situation.”
DUSA is a charity and its board members are unpaid. Any surplus it makes is reinvested in services for the students.
It is funded mainly by its commercial operations in retail, catering, events and bars, although it does receive support from the university.
The subsidy was increased by £60,000 this year the first rise for several years to stand at £625,000. The extra funding was ring-fenced to support two posts, a clubs and societies coordinator and a democratic support and policy coordinator.
DUSA is now working on a landlord accreditation scheme aimed at students, which will allow it and its counterpart at Abertay University to list accommodation providers they feel are suitable and safe.
“This scheme has received support from Dundee City Council as well as landlords around the city and will go a long way to increasing our housing support for students, an area where we were previously lacking,” the report stated.