University of Southern California research and development spending, FY2024
- Los Angeles, CA
- R1
- Private nonprofit
- Standard form filer
University of Southern California in FY2024
$1.3 billion
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #27 of 925
- Change on FY2023
- up 9.5%
- Rank change
- up 1
University of Southern California reported $1.3 billion of research and development spending in FY2024, ranking #27 of the 925 institutions in the survey. That is up 9.5% on FY2023's $1.2 billion; its national rank was up 1 place. Federal government is its largest funding source at 58.5% ($739.4 million), followed by institution funds at 20.6%. Its largest field of research is life sciences, $843.4 million or 66.7% 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 | $592.8 million | 27 |
| FY2011 | $603.3 million | 31 |
| FY2012 | $623.5 million | 30 |
| FY2013 | $645.6 million | 29 |
| FY2014 | $687.2 million | 27 |
| FY2015 | $691.0 million | 28 |
| FY2016 | $702.9 million | 30 |
| FY2017 | $764.3 million | 27 |
| FY2018 | $891.6 million | 23 |
| FY2019 | $909.7 million | 27 |
| FY2020 | $941.2 million | 27 |
| FY2021 | $955.6 million | 28 |
| FY2022 | $1.0 billion | 27 |
| FY2023 | $1.2 billion | 28 |
| FY2024 | $1.3 billion | 27 |
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 University of Southern California 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 | $739.4 million | 58.5% | +8.1% | 25 |
| Institution funds | $260.9 million | 20.6% | +8.9% | 31 |
| Business | $123.0 million | 9.7% | +30.9% | 11 |
| Nonprofit organizations | $70.1 million | 5.5% | −3.7% | 27 |
| All other sources | $53.8 million | 4.3% | +1.6% | 16 |
| State and local government | $17.0 million | 1.3% | +43.4% | 84 |
| All sources | $1.3 billion | 100.0% | +9.5% | 27 |
Fields of research
The 9 NSF research fields University of Southern California reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $843.4 million | 66.7% | +13.4% | 28 |
| Computer and information sciences | $125.8 million | 10.0% | +2.4% | 5 |
| Engineering | $90.8 million | 7.2% | +9.9% | 57 |
| Social sciences | $84.3 million | 6.7% | +3.2% | 8 |
| Non-S&E | $67.5 million | 5.3% | −9.3% | 25 |
| Physical sciences | $21.4 million | 1.7% | +17.7% | 86 |
| Geosciences, atmospheric sciences, and ocean sciences | $20.0 million | 1.6% | −3.8% | 53 |
| Psychology | $8.9 million | 0.7% | +10.0% | 63 |
| Mathematics and statistics | $1.9 million | 0.2% | −4.9% | 119 |
Neighbours
Ranked around University of Southern California
Institutions ranked immediately above and below
The five institutions ranked above University of Southern California and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 22 | Texas A&M University, College Station and Health Science Center | $1.4B |
| 23 | University of Texas M. D. Anderson Cancer Center, The | $1.4B |
| 24 | Vanderbilt University and Vanderbilt University Medical Center | $1.3B |
| 25 | Pennsylvania State University, The, University Park and Hershey Medical Center | $1.3B |
| 26 | University of Florida | $1.3B |
| 27 | University of Southern California | $1.3B |
| 28 | Northwestern University | $1.3B |
| 29 | Emory University | $1.2B |
| 30 | Washington University in St. Louis | $1.2B |
| 31 | University of Texas at Austin, The | $1.1B |
| 32 | University of California, Berkeley | $1.1B |
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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