Friday, November 18, 2016

Universities Report Four Years of Declining Federal Funding

NSF Press Release
November 17, 2016

Federal funding for research at higher education institutions declined for a fourth straight year, according to a new report from the National Center for Science and Engineering Statistics (NCSES).
During a peak in Fiscal Year (FY) 2011, federal funding accounted for 62.5 percent of total higher education research and development (R&D) expenditures. That figure dropped to 55.2 percent in FY 2015, the most recent year for which data are available. Overall, universities reported $68.8 billion in R&D expenditures for FY 2015; federal funding accounted for $37.9 billion of that.
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