VA Tech stays in top 50 for research expenditures
Posted by Roanoke Region at 10/15/2009 11:00:00 AMThe National Science Foundation ranked Virginia Tech 46th out of 679 universities for research expenditures in 2008. The university reported $373.3 million in spending for the last fiscal year.
Though spending was up in 2008 over 2007 ($366.9 million), Tech’s ranking fell from 42nd. “While our overall growth was below our goals, the areas that account for competitive research awards continue to grow,” said Robert Walters, vice president for research. “We increased our external federal funding by more than five percent and our industry funding by almost 20 percent. In the current economy, those numbers are encouraging. That’s a testament to the dedication of the Virginia Tech faculty.”
NSF is the federal agency charged by Congress to report annually on economic research in the United States.
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