Iowa State's 2016 funding hits record $425.8 million

Iowa State's record year was made possible through a 12 percent increase in research funding, which totaled $252.2 million in fiscal year 2016.
Iowa State's record year was made possible through a 12 percent increase in research funding, which totaled $252.2 million in fiscal year 2016. | File photo

Iowa State University's external funding for 2016 was a record breaking $425.8 million in the form of grants, contracts, gifts and cooperative agreements from all sources.

“This record support shows that Iowa State truly has the talent and facilities to be a leader in educating students and solving problems,” Iowa State President Steven Leath said. “This outstanding support from government agencies, industry, foundations and individuals reinforces our tradition of cross-disciplinary work. And it positions us to do even more to impact our state, country and world.”

The university’s record year was made possible through a 12 percent increase in research funding, which totaled $252.2 million in fiscal year 2016. This was also a record figure, as the previous high in research funding at the university was 2010’s $239.2 million.

“This jump in research funding is supporting exciting projects across the campus, including projects to develop new approaches in data-driven science, resilience of plants and animals in response to our changing climate, and educating students in next-generation plant science and electrical and computer engineering,” Iowa State Vice President for Research Sarah Nusser said. “We’ve also seen research support from federal agencies, industry, nonprofits and the state grow to five-year highs. With all of this support, and the hard work and innovation of our researchers, we believe Iowa State can help future generations enjoy better lives.”