$1,431 million
Annual R&D expenditures
(Indicator Number: 4.1.1)
Vision 2030 Priority: Research
Vision 2030 Goal: Total extramural R&D funding achieved by USM annually
What It Measures: Annual research and development expenditures for both federal and non-federal expenditures
Data Reporting Lag: The reporting for this indicator has a 2 year difference. The latest data available is from 2022 for the indicator reporting year of 2024
Value Comparison: When comparing this value for improvement and benchmarks, a higher value is better.
Data Source For Indicator Value: NSF Higher Education Research and Development (HERD) Survey
2025 Target
$1,460 million
$1,431 million is currently below the target
$1,460 million
$1,431 million is currently below the target
Baseline
$1,320 million
(FY 2021)
$1,431 million is currently above the baseline
$1,320 million
(FY 2021)
$1,431 million is currently above the baseline