University of Florida research spending at record $791 million in 2016

[Gator88NE]

Spending for research at the University of Florida, a key indicator of how healthy an institution’s research enterprise is, reached a record high of $791.3 million in 2016, according to a new report to the National Science Foundation.

UF’s response to NSF’s Higher Education Research and Development, or HERD, Survey showed a 7 percent increase in total expenditures over 2015’s total of $739.5 million. Expenditures represent how much grant money the university actually spends in any given year. So, for example, a five-year, $10 million award might report expenditures of $2 million per year.

Life sciences research, including health and agricultural research, accounted for $561.9 million or about 71 percent of the total, up 4.1 percent over 2015. Engineering research accounted for $94.6 million or 12 percent, up 8.3 percent. Physical sciences like physics and chemistry accounted for $28.2 million or 4 percent, a 7.3 percent increase.

Computer and information sciences and math accounted for $19.9 million, a 102.3 percent increase; geosciences totaled $15.8 million, up 7.2 percent; social sciences totaled $14.7 million, down 10.4 percent; psychology totaled $6.4 million, up 26.8 percent; and non-science and engineering fields like business, communications and education totaled $49.3 million, up 24 percent over 2015.

“This report illustrates the broad diversity of research underway at the University of Florida,” said David Norton, UF’s vice president for research. “Not only is this research helping to cure diseases, feed the world and probe the mysteries of the universe – it also has a significant economic impact on Florida’s economy.”

http://news.ufl.edu/articles/2017/06/university-of-florida-research-spending-at-record-791-million-in-2016.php