New Mexico State University research and development spending, FY2024
- Las Cruces, NM
- R2
- Public
- Standard form filer
New Mexico State University in FY2024
$142.9 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #162 of 925
- Change on FY2023
- up 13.1%
- Rank change
- up 5
New Mexico State University reported $142.9 million of research and development spending in FY2024, ranking #162 of the 925 institutions in the survey. That is up 13.1% on FY2023's $126.3 million; its national rank was up 5 places. Federal government is its largest funding source at 59.3% ($84.7 million), followed by state and local government at 19.3%. Its largest field of research is life sciences, $63.4 million or 44.3% 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 | $157.9 million | 108 |
| FY2011 | $139.1 million | 119 |
| FY2012 | $141.2 million | 117 |
| FY2013 | $142.4 million | 120 |
| FY2014 | $134.3 million | 124 |
| FY2015 | $132.4 million | 128 |
| FY2016 | $106.3 million | 140 |
| FY2017 | $102.2 million | 146 |
| FY2018 | $96.3 million | 155 |
| FY2019 | $101.5 million | 157 |
| FY2020 | $107.3 million | 158 |
| FY2021 | $110.6 million | 159 |
| FY2022 | $121.5 million | 161 |
| FY2023 | $126.3 million | 167 |
| FY2024 | $142.9 million | 162 |
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 New Mexico State 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 | $84.7 million | 59.3% | +18.0% | 149 |
| State and local government | $27.6 million | 19.3% | +11.7% | 61 |
| Institution funds | $18.5 million | 13.0% | −1.4% | 215 |
| All other sources | $6.3 million | 4.4% | +3.0% | 92 |
| Nonprofit organizations | $3.7 million | 2.6% | +21.6% | 174 |
| Business | $2.0 million | 1.4% | +5.3% | 198 |
| All sources | $142.9 million | 100.0% | +13.1% | 162 |
Fields of research
The 10 NSF research fields New Mexico State University reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $63.4 million | 44.3% | +13.6% | 139 |
| Engineering | $45.3 million | 31.7% | +10.8% | 107 |
| Physical sciences | $15.3 million | 10.7% | +19.1% | 107 |
| Other sciences | $5.2 million | 3.7% | +28.0% | 58 |
| Geosciences, atmospheric sciences, and ocean sciences | $5.1 million | 3.5% | +12.2% | 136 |
| Computer and information sciences | $4.9 million | 3.5% | −2.6% | 138 |
| Non-S&E | $2.3 million | 1.6% | +16.4% | 295 |
| Social sciences | $657 thousand | 0.5% | −6.3% | 284 |
| Mathematics and statistics | $425 thousand | 0.3% | +150.0% | 220 |
| Psychology | $280 thousand | 0.2% | −10.3% | 302 |
Neighbours
Ranked around New Mexico State University
Institutions ranked immediately above and below
The five institutions ranked above New Mexico State University and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 157 | University of Texas at El Paso, The | $157.6M |
| 158 | University of Alabama in Huntsville, The | $154.5M |
| 159 | University of Texas at Arlington, The | $153.8M |
| 160 | University of Maryland, Baltimore County | $150.9M |
| 161 | University of Montana, The, Missoula | $143.8M |
| 162 | New Mexico State University | $142.9M |
| 163 | University of Idaho | $140.4M |
| 164 | Rensselaer Polytechnic Institute | $140.2M |
| 165 | Rush University | $139.3M |
| 166 | University of Rhode Island | $137.5M |
| 167 | Baylor University | $134.9M |
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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