Montana State University, Bozeman research and development spending, FY2024
- Bozeman, MT
- R1
- Public
- Standard form filer
Montana State University, Bozeman in FY2024
$257.9 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #123 of 925
- Change on FY2023
- up 12.3%
- Rank change
- up 4
Montana State University, Bozeman reported $257.9 million of research and development spending in FY2024, ranking #123 of the 925 institutions in the survey. That is up 12.3% on FY2023's $229.7 million; its national rank was up 4 places. Federal government is its largest funding source at 61.6% ($159.0 million), followed by institution funds at 26.3%. Its largest field of research is life sciences, $86.7 million or 33.6% 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 | $135.1 million | 117 |
| FY2011 | $126.0 million | 125 |
| FY2012 | $124.2 million | 126 |
| FY2013 | $113.1 million | 133 |
| FY2014 | $113.3 million | 135 |
| FY2015 | $108.4 million | 136 |
| FY2016 | $112.1 million | 137 |
| FY2017 | $129.6 million | 135 |
| FY2018 | $125.1 million | 140 |
| FY2019 | $154.8 million | 132 |
| FY2020 | $166.3 million | 129 |
| FY2021 | $193.6 million | 128 |
| FY2022 | $200.8 million | 133 |
| FY2023 | $229.7 million | 127 |
| FY2024 | $257.9 million | 123 |
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 Montana State University, Bozeman 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 | $159.0 million | 61.6% | +11.2% | 110 |
| Institution funds | $67.8 million | 26.3% | +14.7% | 133 |
| State and local government | $21.3 million | 8.3% | +16.1% | 71 |
| Nonprofit organizations | $5.0 million | 1.9% | +14.2% | 158 |
| All other sources | $3.8 million | 1.5% | −2.1% | 119 |
| Business | $962 thousand | 0.4% | +0.6% | 235 |
| All sources | $257.9 million | 100.0% | +12.3% | 123 |
Fields of research
The 10 NSF research fields Montana State University, Bozeman reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $86.7 million | 33.6% | +6.4% | 128 |
| Engineering | $79.3 million | 30.7% | +18.3% | 65 |
| Physical sciences | $30.0 million | 11.6% | +9.3% | 66 |
| Non-S&E | $28.5 million | 11.1% | +17.1% | 87 |
| Other sciences | $16.7 million | 6.5% | +15.9% | 18 |
| Geosciences, atmospheric sciences, and ocean sciences | $6.7 million | 2.6% | +10.0% | 112 |
| Computer and information sciences | $4.2 million | 1.6% | +32.1% | 149 |
| Mathematics and statistics | $2.9 million | 1.1% | +1.6% | 91 |
| Social sciences | $2.0 million | 0.8% | +4.7% | 203 |
| Psychology | $992 thousand | 0.4% | +3.8% | 213 |
Neighbours
Ranked around Montana State University, Bozeman
Institutions ranked immediately above and below
The five institutions ranked above Montana State University, Bozeman and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 118 | University of South Carolina, Columbia | $277.3M |
| 119 | Tulane University | $275.9M |
| 120 | Thomas Jefferson University | $271.2M |
| 121 | Kansas State University | $265.0M |
| 122 | West Virginia University | $259.1M |
| 123 | Montana State University, Bozeman | $257.9M |
| 124 | Texas Tech University | $256.9M |
| 125 | University of Louisiana at Lafayette | $254.9M |
| 126 | Oklahoma State University, Stillwater | $253.8M |
| 127 | University of Dayton | $252.5M |
| 128 | University of Alaska Fairbanks | $246.3M |
Keep looking
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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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