Rensselaer Polytechnic Institute research and development spending, FY2024
- Troy, NY
- R1
- Private nonprofit
- Standard form filer
Rensselaer Polytechnic Institute in FY2024
$140.2 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #164 of 925
- Change on FY2023
- up 15.2%
- Rank change
- up 4
Rensselaer Polytechnic Institute reported $140.2 million of research and development spending in FY2024, ranking #164 of the 925 institutions in the survey. That is up 15.2% on FY2023's $121.7 million; its national rank was up 4 places. Federal government is its largest funding source at 43.8% ($61.4 million), followed by institution funds at 33.8%. Its largest field of research is engineering, $72.0 million or 51.3% 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 | $84.0 million | 148 |
| FY2011 | $84.8 million | 151 |
| FY2012 | $92.7 million | 143 |
| FY2013 | $92.5 million | 145 |
| FY2014 | $105.6 million | 139 |
| FY2015 | $102.8 million | 138 |
| FY2016 | $101.1 million | 143 |
| FY2017 | $104.8 million | 144 |
| FY2018 | $100.9 million | 152 |
| FY2019 | $103.7 million | 156 |
| FY2020 | $122.8 million | 149 |
| FY2021 | $119.1 million | 154 |
| FY2022 | $121.8 million | 160 |
| FY2023 | $121.7 million | 168 |
| FY2024 | $140.2 million | 164 |
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 Rensselaer Polytechnic Institute 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 | $61.4 million | 43.8% | +8.7% | 165 |
| Institution funds | $47.4 million | 33.8% | +4.9% | 154 |
| All other sources | $16.5 million | 11.8% | +512.8% | 52 |
| Business | $9.4 million | 6.7% | −14.3% | 107 |
| State and local government | $4.0 million | 2.9% | +22.0% | 188 |
| Nonprofit organizations | $1.6 million | 1.1% | −50.2% | 244 |
| All sources | $140.2 million | 100.0% | +15.2% | 164 |
Fields of research
The 9 NSF research fields Rensselaer Polytechnic Institute reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Engineering | $72.0 million | 51.3% | +8.8% | 71 |
| Computer and information sciences | $26.2 million | 18.7% | +100.7% | 39 |
| Physical sciences | $13.4 million | 9.5% | +5.2% | 120 |
| Life sciences | $9.2 million | 6.6% | +14.2% | 268 |
| Non-S&E | $8.0 million | 5.7% | −25.0% | 188 |
| Psychology | $4.4 million | 3.1% | +13.2% | 118 |
| Mathematics and statistics | $2.6 million | 1.8% | −31.9% | 101 |
| Geosciences, atmospheric sciences, and ocean sciences | $2.2 million | 1.6% | +14.7% | 184 |
| Social sciences | $2.2 million | 1.6% | +58.3% | 194 |
Neighbours
Ranked around Rensselaer Polytechnic Institute
Institutions ranked immediately above and below
The five institutions ranked above Rensselaer Polytechnic Institute and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 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 |
| 168 | Cold Spring Harbor Laboratory | $126.5M |
| 169 | University of Tennessee, The, Health Science Center | $124.8M |
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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