External Funding for ISU Reaches $360 Million
AMES, Iowa (AP) — Iowa State University says funding from outside sources, including grants, gifts and contracts, reached $360 million in fiscal 2012.
That's up 5 percent, or $18 million, from the year before, but short of the record of $388 million in 2010.
The money pays for financial aid, researchers, equipment, programs, buildings and extension activities. It's in addition to state funds of $216 million for daily operations.
The federal government was the top source of dollars, at $209 million. Federal agencies accounted for the top three individual funding sources — the U.S. Department of Agriculture, the U.S. Department of Energy and the National Science Foundation.
ISU received $152 million in non-federal funding. That money, from local governments, businesses and individual donors, was down slightly from last year.
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