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External funding for University of Iowa up in 2014

by KIX101.1 /1230 KFJB News Department posted Aug 4 2014 10:05AM

IOWA CITY, Iowa (AP) — University of Iowa officials say the institution raised nearly $516 million in funding from outside sources in the 2014 fiscal year — nearly $10 million more than last year.

The biggest gains were in research funding, which makes up the majority of external funding. The university's research funding increased by $7.3 million in 2014, compared with a $14 million drop in 2013 from the previous year.

Outside funding for 2014 also includes $1.1 million more — or a 47.5 percent increase — in funding from the U.S. Department of Transportation from 2013.

University President Sally Mason and Vice President for Research and Economic Development Daniel Reed announced the increases during a Friday news conference.

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Location : IowaIowa City
08/04/2014 10:06AM
External funding for University of Iowa up in 2014
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