Franklin and Marshall College research and development spending, FY2024
- Lancaster, PA
- Private nonprofit
- Standard form filer
Franklin and Marshall College in FY2024
$4.8 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #472 of 925
- Change on FY2023
- up 17.1%
- Rank change
- up 2
Franklin and Marshall College reported $4.8 million of research and development spending in FY2024, ranking #472 of the 925 institutions in the survey. That is up 17.1% on FY2023's $4.1 million; its national rank was up 2 places. Federal government is its largest funding source at 40.0% ($1.9 million), followed by institution funds at 18.2%. Its largest field of research is non-s&e, $1.2 million or 24.8% 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 | $3.8 million | 396 |
| FY2011 | $3.4 million | 420 |
| FY2012 | $3.0 million | 439 |
| FY2013 | $3.5 million | 413 |
| FY2014 | $3.1 million | 424 |
| FY2015 | $3.9 million | 402 |
| FY2016 | $3.8 million | 411 |
| FY2017 | $4.4 million | 402 |
| FY2018 | $4.8 million | 400 |
| FY2019 | $5.0 million | 397 |
| FY2020 | $3.6 million | 441 |
| FY2021 | $3.7 million | 451 |
| FY2022 | $4.4 million | 441 |
| FY2023 | $4.1 million | 472 |
| FY2024 | $4.8 million | 471 |
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 Franklin and Marshall College 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 |
|---|---|---|---|---|
| Federal government | $1.9 million | 40.0% | +31.0% | 489 |
| Institution funds | $876 thousand | 18.2% | −31.2% | 487 |
| Nonprofit organizations | $749 thousand | 15.6% | +37.9% | 305 |
| All other sources | $642 thousand | 13.3% | +200.0% | 217 |
| Business | $364 thousand | 7.6% | −1.9% | 314 |
| State and local government | $260 thousand | 5.4% | +7.9% | 439 |
| All sources | $4.8 million | 100.0% | +17.1% | 472 |
Fields of research
The 9 NSF research fields Franklin and Marshall College reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Non-S&E | $1.2 million | 24.8% | −3.2% | 365 |
| Physical sciences | $1.2 million | 24.6% | +28.6% | 295 |
| Geosciences, atmospheric sciences, and ocean sciences | $791 thousand | 16.4% | +53.9% | 254 |
| Life sciences | $625 thousand | 13.0% | −7.0% | 555 |
| Social sciences | $426 thousand | 8.8% | +0.5% | 319 |
| Other sciences | $260 thousand | 5.4% | — | 185 |
| Psychology | $166 thousand | 3.4% | −30.0% | 349 |
| Computer and information sciences | $88 thousand | 1.8% | +109.5% | 437 |
| Mathematics and statistics | $82 thousand | 1.7% | +20.6% | 370 |
Neighbours
Ranked around Franklin and Marshall College
Institutions ranked immediately above and below
The five institutions ranked above Franklin and Marshall College and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 467 | Toyota Technological Institute at Chicago | $5.0M |
| 468 | Citadel Military College of South Carolina | $5.0M |
| 469 | St. John's University, New York | $4.9M |
| 470 | Sonoma State University | $4.9M |
| 471 | Suffolk University | $4.9M |
| 472 | Franklin and Marshall College | $4.8M |
| 473 | Claremont Graduate University | $4.8M |
| 474 | Colgate University | $4.7M |
| 475 | Seattle University | $4.7M |
| 476 | University of Wisconsin-Stevens Point | $4.7M |
| 477 | Bentley University | $4.6M |
Keep looking
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Related rankings
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Request a demoData: 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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