Iowa, Iowa State Set External, Research Funding Records
The University of Iowa secured $704.1 million in external funding for fiscal year 2023, including $561.3 million in funds to support leading-edge research, public service, and creative discovery. Federal research funding to the UI increased 16.5% over last year.
These funds to the UI support a range of activities that advance the pace of research and discovery, engage students in transformational experiences, and benefit citizens of Iowa, the nation, and the world.
Iowa State University researchers attracted $301.3 million to support their experiments and projects for the 2023 fiscal year that ended June 30, topping $300 million for the first time and setting the university’s record for annual, external, sponsored research funding.
The new record beat the previous record – $284.2 million in fiscal year 2022 – by $17.1 million or 6%.
The new research total also includes records for federal research funding, $206.9 million, and non-federal research funding, $94.4 million. The previous records were set in fiscal year 2022, $198.2 million for federal support and $86 million for non-federal support.