NSF surveyed 711 public and private institutions in the report, which tabulates Fiscal Year 2008-2009 federal expenditures for science and engineering research. On a per-faculty basis, the university ranks first in federally funded research and development among all public institutions. Colorado State ranked No. 49 among all private and public institutions with record-high total research expenditures in FY08-09 of $311.7 million, which includes all research funding.
"Once again, our faculty members have elevated Colorado State University with cutting-edge research that benefits students, our state, and the world around us," said President Tony Frank. "A research university like CSU may drive economic growth and job creation in Colorado and beyond. Above all, students at Colorado State may benefit from learning from and working hand-in-hand with some of the best and brightest in their fields." In its report, NSF stated that R&D spending in science and engineering increased 5.8 percent between FY07-08 and FY08-09 to $54.9 billion, according to FY08-09 data.
Colorado State research expenditures reached $302.8 million in FY09-10 - the third year in a row the university has reported more than $300 million. The university also set a record for grant awards for FY09-10: Awards grew 4.1 percent to $285.6 million from $274.3 million in FY08-09. Federal awards increased for the second consecutive year, which is an indication that scientists at Colorado State may be among some of the productive compared with their peers nationwide.
In comparison to its private and public peers, CSU ranked 67th in total research expenditures, according to the NSF data. That includes universities with medical schools.
Research expenditures reflect actual annual spending of funding from a variety of sources including local, state and federal government. Grant awards are the dollars awarded in a year to researchers. Often, a research grant awarded in one year (grant award) may be expended over a number of years (research expenditure).
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