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Federal Funding Drops at Iowa State

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    April 3, 2014 | 12:39 pm
    AMES, Iowa (AP) - Mandated federal spending cuts have cost Iowa State University millions of dollars.

    The Des Moines Register says total external funding for Iowa State dropped 9 percent over the year, to $326.4 million.

    Federal funding was down 17 percent, but that decline was partially offset by funding increases from private sources.

    The University of Iowa last week said it had received $424 million in external funding over the past year, a 3.2 percent decline.

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