UCLA draws record $1.4 billion in research funding

UCLA attracted record support for its wide-ranging research in the 2019 –20 fiscal year, receiving $1.427 billion in research funding.2020 is the third consecutive year that the university has topped its previous best. Research support has grown by 38% since 2015. UCLA now ranks sixth among all universities in total research expenditures.“This is a tribute to the great work being done across disciplines at UCLA,” said Roger Wakimoto, vice chancellor for research. “These funds help bring about major breakthroughs in medical science, advance knowledge in numerous other disciplines, strengthen our teaching, and support faculty an d student researchers in fields from math to microbiology. Despite fiscal challenges caused by the pandemic, grant support for UCLA research remains robust.”Research funds must be used for the projects identified by sponsors, and cannot be applied to other university purposes. Nearly 60 cents of every research dollar directed to UCLA between July 2019 and June 2020 came from federal agencies. Industry-sponsored research and clinical studies trials provide 13% of external research funding; nonprofit and charitable organizations 11%, state government 9% and higher education institutions 8%.Several large grants provide support for projects that are led by UCLA faculty members but also involve multiple universities and institutions. The largest funding agency is the National Institutes of Health, which awarded nearly $565 million to researchers in...
Source: UCLA Newsroom: Health Sciences - Category: Universities & Medical Training Source Type: news