|
The University of Michigan | |
|
News and Information Services News Release |
412 Maynard Ann Arbor, Michigan 48109-1399 |
December 18, 1997 (36) 1996-97 research expenditures $458.5 million, another all-time high
ANN ARBOR---The University of Michigan's research expenditures increased by 3.9 percent in 1996-97, reaching another record total of $458,478,301.
"We are successfully competing for our share of the federal investment in research. When this growth is coupled with the recognition coming to Michigan for its success at involving undergraduates in research experiences, the result can be viewed as strengthening the ability of U-M to deliver an unusual education to its undergraduates."
Of the U-M's 1996-97 total research expenditures, $300,447,504---or 65.5 percent of the U-M total---came from federal agencies.
Research support from non-federal sources accounted for $108,400,252, or 23.7 percent of the U-M total, and included $31,571,189 from industry and $76,829,063 from others, including voluntary contributions, trade and professional associations, foundations, state and local governments, and public charities. U-M funds accounted for 10.8 percent of the University's total research expenditures.
"These data reflect the rich diversity of research activities and capabilities that have earned the U-M the distinction of the nation's leading public research university," Neidhardt said.
"Increases in annual expenditures in support of research demonstrate the continued leadership of the University in the discovery of new knowledge and in the application of the leading-edge technologies for the benefit of society."
Contact: Wono Lee
| |