Montana Technological University research and development spending, FY2024
- Butte, MT
- Public
- Standard form filer
Montana Technological University in FY2024
$22.6 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #306 of 925
- Change on FY2023
- up 22.9%
- Rank change
- up 10
Montana Technological University reported $22.6 million of research and development spending in FY2024, ranking #306 of the 925 institutions in the survey. That is up 22.9% on FY2023's $18.4 million; its national rank was up 10 places. Federal government is its largest funding source at 61.9% ($14.0 million), followed by state and local government at 27.3%. Its largest field of research is geosciences, atmospheric sciences, and ocean sciences, $11.5 million or 50.8% 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 | $7.4 million | 336 |
| FY2011 | $6.7 million | 351 |
| FY2012 | $11.8 million | 298 |
| FY2013 | $11.1 million | 304 |
| FY2014 | $11.3 million | 298 |
| FY2015 | $11.6 million | 303 |
| FY2016 | $11.9 million | 306 |
| FY2017 | $13.1 million | 303 |
| FY2018 | $12.7 million | 310 |
| FY2019 | $12.7 million | 310 |
| FY2020 | $13.0 million | 319 |
| FY2021 | $14.9 million | 309 |
| FY2022 | $14.2 million | 321 |
| FY2023 | $18.4 million | 316 |
| FY2024 | $22.6 million | 306 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 4 NSF funding sources Montana Technological 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 |
|---|---|---|---|---|
| Federal government | $14.0 million | 61.9% | +46.0% | 274 |
| State and local government | $6.2 million | 27.3% | +11.9% | 154 |
| Institution funds | $2.2 million | 9.6% | −28.9% | 397 |
| Business | $262 thousand | 1.2% | +13.9% | 339 |
| All sources | $22.6 million | 100.0% | +22.9% | 306 |
Fields of research
The 5 NSF research fields Montana Technological University reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Geosciences, atmospheric sciences, and ocean sciences | $11.5 million | 50.8% | +1.6% | 81 |
| Engineering | $9.5 million | 42.0% | +54.4% | 199 |
| Life sciences | $1.5 million | 6.7% | +87.9% | 432 |
| Physical sciences | $66 thousand | 0.3% | −20.5% | 600 |
| Computer and information sciences | $52 thousand | 0.2% | +6.1% | 479 |
Neighbours
Ranked around Montana Technological University
Institutions ranked immediately above and below
The five institutions ranked above Montana Technological University and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 301 | Charles R. Drew University of Medicine and Science | $23.7M |
| 302 | Western Washington University | $23.3M |
| 303 | Albany Medical College | $23.1M |
| 304 | University of North Carolina at Wilmington, The | $22.7M |
| 305 | Wright State University | $22.6M |
| 306 | Montana Technological University | $22.6M |
| 307 | City University of New York, The, Advanced Science Research Center | $22.5M |
| 308 | United States Military Academy | $22.3M |
| 309 | New York Medical College | $21.9M |
| 310 | James Madison University | $21.4M |
| 311 | City University of New York, The, John Jay College Criminal Justice | $21.2M |
Keep looking
Where this institution sits
Related rankings
Benchmark Montana Technological University 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.
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