Troy University research and development spending, FY2024
- Troy, AL
- Public
- Standard form filer
Troy University in FY2024
$3.3 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #528 of 925
- Change on FY2023
- down 12.3%
- Rank change
- down 41
Troy University reported $3.3 million of research and development spending in FY2024, ranking #528 of the 925 institutions in the survey. That is down 12.3% on FY2023's $3.8 million; its national rank was down 41 places. Federal government is its largest funding source at 73.6% ($2.4 million), followed by institution funds at 17.7%. Its largest field of research is physical sciences, $2.1 million or 62.6% 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 | — | — |
| FY2011 | — | — |
| FY2012 | — | — |
| FY2013 | — | — |
| FY2014 | — | — |
| FY2015 | — | — |
| FY2016 | — | — |
| FY2017 | — | — |
| FY2018 | — | — |
| FY2019 | — | — |
| FY2020 | $1.7 million | 547 |
| FY2021 | $1.5 million | 566 |
| FY2022 | $2.5 million | 527 |
| FY2023 | $3.8 million | 485 |
| FY2024 | $3.3 million | 527 |
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 Troy 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 | $2.4 million | 73.6% | −20.5% | 452 |
| Institution funds | $587 thousand | 17.7% | +47.5% | 530 |
| Nonprofit organizations | $191 thousand | 5.8% | −5.9% | 469 |
| All other sources | $53 thousand | 1.6% | +60.6% | 382 |
| State and local government | $36 thousand | 1.1% | −55.6% | 559 |
| Business | $10 thousand | 0.3% | +900.0% | 509 |
| All sources | $3.3 million | 100.0% | −12.3% | 528 |
Fields of research
The 7 NSF research fields Troy University reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Physical sciences | $2.1 million | 62.6% | −18.2% | 249 |
| Non-S&E | $536 thousand | 16.2% | −18.5% | 446 |
| Geosciences, atmospheric sciences, and ocean sciences | $280 thousand | 8.4% | +110.5% | 320 |
| Life sciences | $228 thousand | 6.9% | −38.9% | 694 |
| Social sciences | $141 thousand | 4.2% | +487.5% | 450 |
| Engineering | $38 thousand | 1.1% | −19.1% | 455 |
| Psychology | $19 thousand | 0.6% | +58.3% | 486 |
Neighbours
Ranked around Troy University
Institutions ranked immediately above and below
The five institutions ranked above Troy University and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 523 | University of Wisconsin-Oshkosh | $3.4M |
| 524 | Fisk University | $3.4M |
| 525 | Bowdoin College | $3.4M |
| 526 | Azusa Pacific University | $3.4M |
| 527 | Pace University | $3.3M |
| 528 | Troy University | $3.3M |
| 529 | Dillard University | $3.3M |
| 530 | Northern Kentucky University | $3.3M |
| 531 | State University of New York College, Oswego | $3.2M |
| 532 | Minnesota State University, Mankato | $3.2M |
| 533 | Furman University | $3.2M |
Keep looking
Where this institution sits
Related rankings
Data: 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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