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U.S. Universities Report Highest-ever R&D Spending in Fiscal Year 2011

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Posted November 27, 2012

Between fiscal years 2010 and 2011, U.S. university spending on research and development rose 6.3 percent to $65 billion. The most substantial growth was observed in the area of life sciences.

The National Science Foundation released a report today showing that university spending on research and development in all fields continued to increase between fiscal years (FY) 2010 and 2011, reaching $65 billion in FY 2011. This figure represents a 6.3 percent increase from the previous year and includes $4.2 billion in expenditures associated with the American Recovery and Reinvestment Act of 2009.

The majority of university R&D was concentrated in the life sciences, which grew 6.6 percent to $37.2 billion. Engineering was the next largest broad field and showed a 7.7 percent increase to $10 billion in fiscal 2011.

Source: NSF

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