Mercer University research and development spending, FY2024

  • Macon, GA
  • R2
  • Private nonprofit
  • Standard form filer

Mercer University in FY2024

$46.5 million

spent on research and development in FY2024, as reported to the NSF HERD Survey

National rank
#240 of 925
Change on FY2023
up 2.8%
Rank change
down 5

Mercer University reported $46.5 million of research and development spending in FY2024, ranking #240 of the 925 institutions in the survey. That is up 2.8% on FY2023's $45.2 million; its national rank was down 5 places. Federal government is its largest funding source at 61.8% ($28.7 million), followed by institution funds at 22.9%. Its largest field of research is engineering, $33.0 million or 70.9% of the total.

Over time

Research spending, FY2010 to FY2024

Mercer University research and development expenditures, FY2010 to FY2024A line from $27.3 million in FY2010 to $46.5 million in FY2024. Every plotted figure is in the table below.$0$13.0M$26.0M$39.0M$52.0MFY2010FY2015FY2020FY2024

Standard-form totals FY2010 onwards as revised by NCSES in the newest release; rank is within that series.

Year-by-year figures
Mercer University research and development expenditures by fiscal year, NSF HERD.
Fiscal yearR&D expenditureRank in series
FY2010$27.3 million234
FY2011$29.0 million232
FY2012$31.4 million226
FY2013$28.9 million227
FY2014$30.2 million220
FY2015$32.8 million218
FY2016$31.7 million223
FY2017$29.4 million228
FY2018$34.2 million219
FY2019$44.1 million208
FY2020$49.1 million200
FY2021$52.0 million196
FY2022$50.2 million213
FY2023$45.2 million235
FY2024$46.5 million240

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 Mercer University reported in FY2024, largest first. Shares are of its own FY2024 total, and the rank is national within that source.

Mercer University research and development expenditures by funding source, NSF HERD FY2024.
SourceFY2024ShareChange on FY2023US rank
Federal government$28.7 million61.8%−4.0%221
Institution funds$10.7 million22.9%+18.9%254
All other sources$3.6 million7.8%+28.3%120
Business$2.6 million5.7%−18.7%180
State and local government$417 thousand0.9%+619.0%394
Nonprofit organizations$406 thousand0.9%+117.1%386
All sources$46.5 million100.0%+2.8%240

Fields of research

The 8 NSF research fields Mercer University reported in FY2024, largest first.

Mercer University research and development expenditures by field of research, NSF HERD FY2024.
FieldFY2024ShareChange on FY2023US rank
Engineering$33.0 million70.9%−1.0%129
Life sciences$10.9 million23.4%+24.0%256
Physical sciences$1.2 million2.6%−28.2%291
Non-S&E$460 thousand1.0%−21.2%465
Computer and information sciences$439 thousand0.9%+198.6%292
Psychology$260 thousand0.6%−3.0%312
Mathematics and statistics$236 thousand0.5%−0.8%265
Social sciences$70 thousand0.2%−39.1%511

Neighbours

Ranked around Mercer University

Institutions ranked immediately above and below

The five institutions ranked above Mercer University and the five below it in the FY2024 national ranking.

Institutions ranked immediately above and below Mercer University, NSF HERD FY2024.
RankInstitutionFY2024 R&D
235Texas A&M University-Corpus Christi$52.2M
236Portland State University$51.7M
237Kennesaw State University$51.6M
238Marquette University$49.1M
239Chapman University$48.3M
240Mercer University$46.5M
241Georgia Southern University$46.1M
242City University of New York, The, Hunter College$45.2M
243Montclair State University$43.8M
244Delaware State University$43.7M
245University of West Florida$43.5M

Benchmark Mercer University against its peers.

Request a demo

Or see how it pairs with FundFit →

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.

Carnegie Classification of Institutions of Higher Education is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.