Stevens Institute of Technology research and development spending, FY2024
- Hoboken, NJ
- R2
- Private nonprofit
- Standard form filer
Stevens Institute of Technology in FY2024
$70.7 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #209 of 925
- Change on FY2023
- up 16.6%
- Rank change
- up 3
Stevens Institute of Technology reported $70.7 million of research and development spending in FY2024, ranking #209 of the 925 institutions in the survey. That is up 16.6% on FY2023's $60.7 million; its national rank was up 3 places. Federal government is its largest funding source at 84.3% ($59.6 million), followed by institution funds at 10.2%. Its largest field of research is engineering, $57.0 million or 80.6% 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 | $35.5 million | 208 |
| FY2011 | $41.6 million | 204 |
| FY2012 | $31.9 million | 224 |
| FY2013 | $28.9 million | 226 |
| FY2014 | $30.8 million | 218 |
| FY2015 | $34.1 million | 216 |
| FY2016 | $35.8 million | 213 |
| FY2017 | $35.1 million | 216 |
| FY2018 | $33.1 million | 225 |
| FY2019 | $36.7 million | 225 |
| FY2020 | $44.7 million | 206 |
| FY2021 | $43.4 million | 218 |
| FY2022 | $53.6 million | 205 |
| FY2023 | $60.7 million | 212 |
| FY2024 | $70.7 million | 209 |
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 Stevens Institute of Technology 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 | $59.6 million | 84.3% | +35.4% | 168 |
| Institution funds | $7.2 million | 10.2% | −26.4% | 280 |
| State and local government | $2.2 million | 3.1% | +4.4% | 241 |
| Business | $774 thousand | 1.1% | −77.2% | 258 |
| All other sources | $580 thousand | 0.8% | +37.8% | 228 |
| Nonprofit organizations | $376 thousand | 0.5% | −59.5% | 396 |
| All sources | $70.7 million | 100.0% | +16.6% | 209 |
Fields of research
The 6 NSF research fields Stevens Institute of Technology reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Engineering | $57.0 million | 80.6% | +13.4% | 92 |
| Geosciences, atmospheric sciences, and ocean sciences | $4.2 million | 5.9% | — | 141 |
| Computer and information sciences | $3.6 million | 5.1% | −28.3% | 161 |
| Non-S&E | $3.3 million | 4.7% | +91.4% | 259 |
| Physical sciences | $2.1 million | 3.0% | −26.4% | 247 |
| Mathematics and statistics | $508 thousand | 0.7% | +9.5% | 208 |
Neighbours
Ranked around Stevens Institute of Technology
Institutions ranked immediately above and below
The five institutions ranked above Stevens Institute of Technology and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 204 | Naval Postgraduate School | $73.2M |
| 205 | University of Toledo, The | $73.2M |
| 206 | East Carolina University | $72.5M |
| 207 | City University of New York, The, The City College | $71.7M |
| 208 | Worcester Polytechnic Institute | $71.6M |
| 209 | Stevens Institute of Technology | $70.7M |
| 210 | University of South Alabama | $70.1M |
| 211 | Missouri University of Science and Technology | $69.5M |
| 212 | Morehouse School of Medicine | $68.7M |
| 213 | Florida Agricultural and Mechanical University | $68.7M |
| 214 | Ohio University | $67.4M |
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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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