Georgia Institute of Technology research and development spending, FY2024
- Atlanta, GA
- R1
- Public
- Standard form filer
Georgia Institute of Technology in FY2024
$1.5 billion
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #15 of 925
- Change on FY2023
- up 8.8%
- Rank change
- up 1
Georgia Institute of Technology reported $1.5 billion of research and development spending in FY2024, ranking #15 of the 925 institutions in the survey. That is up 8.8% on FY2023's $1.4 billion; its national rank was up 1 place. Federal government is its largest funding source at 79.4% ($1.2 billion), followed by state and local government at 9.0%. Its largest field of research is engineering, $1.1 billion or 74.2% 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 | $615.8 million | 25 |
| FY2011 | $655.4 million | 26 |
| FY2012 | $688.9 million | 25 |
| FY2013 | $730.5 million | 23 |
| FY2014 | $725.5 million | 24 |
| FY2015 | $765.4 million | 24 |
| FY2016 | $790.7 million | 25 |
| FY2017 | $804.3 million | 24 |
| FY2018 | $891.7 million | 22 |
| FY2019 | $960.2 million | 21 |
| FY2020 | $1.0 billion | 19 |
| FY2021 | $1.1 billion | 20 |
| FY2022 | $1.2 billion | 17 |
| FY2023 | $1.4 billion | 16 |
| FY2024 | $1.5 billion | 15 |
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 Georgia Institute of Technology 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 | $1.2 billion | 79.4% | +12.0% | 2 |
| State and local government | $138.1 million | 9.0% | +7.7% | 7 |
| Institution funds | $75.6 million | 4.9% | +23.0% | 122 |
| Business | $63.5 million | 4.2% | −32.8% | 31 |
| Nonprofit organizations | $28.5 million | 1.9% | −8.2% | 69 |
| All other sources | $9.4 million | 0.6% | +61.6% | 75 |
| All sources | $1.5 billion | 100.0% | +8.8% | 15 |
Fields of research
The 9 NSF research fields Georgia Institute of Technology reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Engineering | $1.1 billion | 74.2% | +6.9% | 2 |
| Computer and information sciences | $235.3 million | 15.4% | +18.4% | 2 |
| Physical sciences | $46.6 million | 3.1% | +19.0% | 45 |
| Life sciences | $43.7 million | 2.9% | +2.6% | 159 |
| Non-S&E | $31.6 million | 2.1% | +14.8% | 78 |
| Geosciences, atmospheric sciences, and ocean sciences | $13.3 million | 0.9% | +1.1% | 76 |
| Mathematics and statistics | $9.7 million | 0.6% | −3.0% | 24 |
| Social sciences | $8.6 million | 0.6% | +7.8% | 107 |
| Psychology | $5.0 million | 0.3% | +12.3% | 106 |
Neighbours
Ranked around Georgia Institute of Technology
Institutions ranked immediately above and below
The five institutions ranked above Georgia Institute of Technology and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 10 | Cornell University | $1.6B |
| 11 | University of North Carolina at Chapel Hill, The | $1.6B |
| 12 | Ohio State University, The | $1.6B |
| 13 | Duke University | $1.6B |
| 14 | University of Maryland | $1.5B |
| 15 | Georgia Institute of Technology | $1.5B |
| 16 | Yale University | $1.5B |
| 17 | University of Pittsburgh, Pittsburgh | $1.5B |
| 18 | New York University | $1.5B |
| 19 | Harvard University | $1.5B |
| 20 | Columbia University in the City of New York | $1.4B |
Keep looking
Where this institution sits
Related rankings
Benchmark Georgia Institute of Technology against its peers.
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.
Carnegie Classification of Institutions of Higher Education is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.