Baylor University research and development spending, FY2024
- Waco, TX
- R1
- Private nonprofit
- Standard form filer
Baylor University in FY2024
$134.9 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #167 of 925
- Change on FY2023
- up 64.3%
- Rank change
- up 20
Baylor University reported $134.9 million of research and development spending in FY2024, ranking #167 of the 925 institutions in the survey. That is up 64.3% on FY2023's $82.1 million; its national rank was up 20 places. Institution funds is its largest funding source at 65.9% ($88.9 million), followed by federal government at 16.8%. Its largest field of research is non-s&e, $49.7 million or 36.8% of the total.
Over time
Research spending, FY2010 to FY2024
Standard-form totals FY2010 onwards as revised by NCSES in the newest release; rank is within that series.
Year-by-year figures
| Fiscal year | R&D expenditure | Rank in series |
|---|---|---|
| FY2010 | $10.9 million | 300 |
| FY2011 | $12.3 million | 295 |
| FY2012 | $10.2 million | 312 |
| FY2013 | $13.6 million | 285 |
| FY2014 | $20.7 million | 252 |
| FY2015 | $24.6 million | 240 |
| FY2016 | $26.8 million | 234 |
| FY2017 | $29.4 million | 230 |
| FY2018 | $31.9 million | 228 |
| FY2019 | $33.3 million | 230 |
| FY2020 | $39.8 million | 219 |
| FY2021 | $48.8 million | 205 |
| FY2022 | $66.0 million | 187 |
| FY2023 | $82.1 million | 187 |
| FY2024 | $134.9 million | 167 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 6 NSF funding sources Baylor University reported in FY2024, largest first. Shares are of its own FY2024 total, and the rank is national within that source.
| Source | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Institution funds | $88.9 million | 65.9% | +97.3% | 104 |
| Federal government | $22.7 million | 16.8% | +32.3% | 233 |
| Nonprofit organizations | $16.7 million | 12.4% | +32.0% | 95 |
| State and local government | $4.3 million | 3.2% | +49.0% | 183 |
| Business | $1.3 million | 1.0% | −62.5% | 219 |
| All other sources | $946 thousand | 0.7% | +12.0% | 192 |
| All sources | $134.9 million | 100.0% | +64.3% | 167 |
Fields of research
The 10 NSF research fields Baylor University reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Non-S&E | $49.7 million | 36.8% | +109.9% | 48 |
| Life sciences | $20.4 million | 15.1% | +47.1% | 210 |
| Engineering | $16.1 million | 11.9% | +40.4% | 165 |
| Physical sciences | $15.8 million | 11.7% | +38.9% | 105 |
| Psychology | $7.9 million | 5.8% | +34.6% | 71 |
| Social sciences | $7.3 million | 5.4% | +103.5% | 119 |
| Geosciences, atmospheric sciences, and ocean sciences | $5.9 million | 4.3% | +38.1% | 124 |
| Other sciences | $4.8 million | 3.6% | +11.4% | 61 |
| Mathematics and statistics | $4.8 million | 3.6% | +200.9% | 52 |
| Computer and information sciences | $2.2 million | 1.6% | +6.5% | 192 |
Neighbours
Ranked around Baylor University
Institutions ranked immediately above and below
The five institutions ranked above Baylor University and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 162 | New Mexico State University | $142.9M |
| 163 | University of Idaho | $140.4M |
| 164 | Rensselaer Polytechnic Institute | $140.2M |
| 165 | Rush University | $139.3M |
| 166 | University of Rhode Island | $137.5M |
| 167 | Baylor University | $134.9M |
| 168 | Cold Spring Harbor Laboratory | $126.5M |
| 169 | University of Tennessee, The, Health Science Center | $124.8M |
| 170 | University of North Texas, Denton | $124.2M |
| 171 | University of Massachusetts Lowell | $120.7M |
| 172 | University of Nevada, Las Vegas | $118.0M |
Keep looking
Where this institution sits
Related rankings
Data: NSF HERD FY2024, built from NSF's published tables on September 8, 2026. Page updated September 13, 2026.
Data: National Center for Science and Engineering Statistics, National Science Foundation, Higher Education Research and Development Survey, FY2024.
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