Total research and development (R&D) spending at American colleges and universities topped $97 billion in fiscal year 2022, according to the latest Higher Education Research and Development (HERD) Survey. released by National Science Foundation (NSF) on November 30.
The FY 2022 total of $97.842 billion represents an increase of more than $8 billion over FY 2021, making it the largest annual increase on record as measured in current dollars. Funding from federal sources accounted for $4.9 billion of the total increase.
HERD Research is funded by the National Center for Statistical Sciences and Engineering (NCSES) under the National Science Foundation. R&D spending data was collected from 900 universities and colleges that grant a bachelor’s degree or higher and spent at least $150,000 on R&D in the previous fiscal year. For most of the research institutions, the 2022 financial year covered the period from July 1, 2021 to June 30, 2022.
According to NSF, reported expenditures include all funds expended on activities specifically organized to produce research results funded by an external agency or supported by institutional funds. The main sources of funding are:
- the federal government, which includes agencies such as the Department of Health and Human Services (under which funding for the National Institutes of Health is counted), the Department of Defense, the National Aeronautics and Space Administration, the Department of Energy, the National Science Foundation. and the Department of Agriculture. Federal funding accounted for 55.3% of total year 2022 research and development spending.
- state and local governments, 5.0% of total spending
- institutional funds, 25.1% of total expenditure
- businesses, 5.8% of total expenditure
- non-profit organizations, 6.1% of total expenditure
- all other sources, 2.7%.
Research expenditure is one way of measuring an institution’s research productivity. Together with other indicators such as peer-reviewed publications, number of citations, commercialization of research discoveries and scientific awards, they provide a quantification of the impact of a university’s collective scholarship.
The Top 25
As has been the case for decades, Johns Hopkins University led the list of academic institutions, with $3.42 billion in total research and development, of which more than $2 billion goes to Applied Physics Laboratory. The remaining top 5 were:
University of California, San Francisco 1.806 billion dollars
University of Pennsylvania 1.791 billion dollars
University of MichiganAnn Arbor $1.771 billion
University of WashingtonSeattle $1.560 billion
The rest of the top 10 were:
University of California, Los Angeles 1.536 billion dollars
University of California, San Diego 1.533 billion dollars
University of Wisconsin-Madison 1.524 billion dollars
Duke University 1.391 billion dollars
Stanford University 1.385 billion dollars
Finishing positions #11-25 were:
Ohio State University 1.363 billion dollars
University of North Carolina, Chapel Hill 1.361 billion dollars
Harvard University 1.308 billion dollars
Cornell University 1.3 trillion dollars
New York University 1.276 billion dollars
University of Pittsburgh 1.252 billion dollars
Georgia Institute of Technology $1,231
Columbia University 1.231 billion dollars
University of Maryland $1.229 billion
University of Minnesota, Twin Cities 1.202 billion dollars
Yale University 1.191 billion dollars
University of Texas MD Anderson Cancer Center $1.183 billion
Texas A&M University and Health Sciences Center 1.153 billion dollars
Vanderbilt University and Vanderbilt University Medical Center 1.086 billion dollars
University of Florida 1.086 billion dollars
Last fiscal year, 24 universities surpassed the $1 billion R&D mark. This year, 29 did. In addition to the top 25, the other institutions with a billion dollars or more in R&D funding were: University of Washington (St. Louis), University of Southern California, Pennsylvania State University and Hershey Medical Centerand Northwestern University.
Here are the top academic fields based on R&D funding for FY 2022:
- The Health Sciences topped the list with total spending of $31.87 billion.
- They followed them Biological and Biomedical Sciences to $18.16 billion.
- Engineering (and all its subfields) was third with $15.60 billion.
- The top five research fields completed the of Agricultural Sciences with $3.94 billion and Geosciences, Atmospheric Sciences and Ocean Sciences with 3.69 billion dollars.
Sectors with R&D spending exceeding two billion dollars in 2020 were:
- Computer and Information Sciences ($3.23 billion),
- Social Sciences other than Psychology ($3.17 billion),
- Physics ($2.67 billion) and
- Chemistry ($2.13 billion).
The industries that broke the one billion dollar mark were:
- Education ($1.74 billion),
- Psychology ($1.44 billion),
- Business Administration and Business Administration ($1.08 billion) and
- Natural Resources and Conservation ($1.01 billion).