ISU Funding Increases $360 Million Last Year, A 5 Percent Increase

Ann McClure's picture

Iowa State University increased outside funding to $360 million last year, though the total fell $28 million short of a record haul two years ago, according to figures released Monday by the university.

ISU increased funding by nearly $18 million, or 5 percent, over the previous year, when the university raised $342 million as federal stimulus dollars expired, officials said. The new figures are for fiscal year 2012, which ended June 30. The university raised a record $388 million in 2010.

The money pays for financial aid, researchers, equipment, programs, buildings and ISU extension activities, officials said.

The federal government – which contributed $209 million, up nearly $20 million from the year before — was the top source of dollars. Federal agencies accounted for the top three individual funding sources: U.S. Department of Agriculture topped the list at nearly $57 million, followed by U.S. Department of Energy, $46 million, and National Science Foundation, $37 million.

Read more