Iowa Board of Regents

Iowa, Iowa State Set External, Research Funding Records

Two men working on a machine in a factory setting.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.

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Three scientists in lab coats posing for a photo.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.

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