Universities ranked by business research funding, FY2024

554 of the 925 institutions in the FY2024 survey reported business funding, $6.4 billion of it, 5.4% of all US research spending that year. University of Texas M. D. Anderson Cancer Center, The leads at $263.0 million, ranked #1 for business funding, ahead of Duke University at $222.7 million. 286 spent more than in FY2023, 226 spent less and 9 spent the same, and 33 more reported for the first time. The list runs down to East Central University at $1 thousand. Every name on it links to that institution's own page.

Institutions: 554
FY2024 business: $6.4 billion
Share of the US total: 5.4%

The 554 US institutions that reported business funding in FY2024, ranked by the amount. NSF HERD.
Rank	Institution	State	FY2024 business	Share of its R&D	FY2023 rank	FY2023 business	Change on FY2023	Rank change
1	University of Texas M. D. Anderson Cancer Center, The	Texas	$263.0M	19.3%	1	$248.3M	+5.9%	held
2	Duke University	North Carolina	$222.7M	14.1%	2	$219.5M	+1.5%	held
3	State University of New York, University at Albany	New York	$199.9M	42.4%	236	$927K	+21465.7%	up 233
4	Massachusetts Institute of Technology	Massachusetts	$181.6M	17.0%	5	$176.3M	+3.0%	up 1
5	University of Pennsylvania	Pennsylvania	$172.6M	8.0%	3	$203.0M	−15.0%	down 2
6	Ohio State University, The	Ohio	$159.5M	10.1%	7	$155.2M	+2.8%	up 1
7	Stanford University	California	$152.2M	9.3%	8	$144.3M	+5.5%	up 1
8	Wichita State University	Kansas	$150.3M	38.3%	6	$171.0M	−12.1%	down 2
9	Johns Hopkins University	Maryland	$133.4M	3.2%	11	$126.7M	+5.3%	up 2
10	University of California, San Francisco	California	$132.9M	6.2%	9	$143.2M	−7.2%	down 1
11	University of Southern California	California	$123.0M	9.7%	16	$93.9M	+30.9%	up 5
12	Washington University in St. Louis	Missouri	$121.7M	9.8%	10	$129.8M	−6.3%	down 2
13	University of Michigan, Ann Arbor	Michigan	$104.7M	5.0%	12	$113.9M	−8.1%	down 1
14	Yale University	Connecticut	$102.9M	6.8%	21	$80.2M	+28.3%	up 7
15	University of California, San Diego	California	$100.8M	5.4%	14	$96.4M	+4.5%	down 1
16	University of Texas at Austin, The	Texas	$94.0M	8.2%	22	$79.8M	+17.9%	up 6
17	University of Louisiana at Lafayette	Louisiana	$93.7M	36.8%	19	$82.2M	+14.0%	up 2
18	Columbia University in the City of New York	New York	$92.4M	6.4%	17	$91.8M	+0.6%	down 1
19	University of California, Los Angeles	California	$89.0M	4.7%	13	$109.5M	−18.7%	down 6
20	Rutgers, The State University of New Jersey, New Brunswick	New Jersey	$88.8M	10.6%	51	$37.5M	+136.9%	up 31
21	Vanderbilt University and Vanderbilt University Medical Center	Tennessee	$86.1M	6.5%	18	$86.3M	−0.1%	down 3
22	Icahn School of Medicine at Mount Sinai	New York	$83.3M	8.2%	20	$80.4M	+3.6%	down 2
23	Emory University	Georgia	$77.5M	6.2%	30	$64.8M	+19.7%	up 7
24	University of Washington, Seattle	Washington	$77.4M	4.6%	28	$71.5M	+8.3%	up 4
25	New York University	New York	$74.4M	5.0%	26	$73.3M	+1.5%	up 1
26	Purdue University, West Lafayette	Indiana	$72.7M	7.8%	23	$78.3M	−7.2%	down 3
27	University of Alabama at Birmingham, The	Alabama	$71.1M	8.2%	25	$74.2M	−4.2%	down 2
28	Northwestern University	Illinois	$70.6M	5.6%	29	$67.1M	+5.2%	up 1
29	Cornell University	New York	$68.3M	4.2%	33	$59.1M	+15.6%	up 4
30	Harvard University	Massachusetts	$63.6M	4.3%	27	$71.5M	−11.1%	down 3
31	Georgia Institute of Technology	Georgia	$63.5M	4.2%	15	$94.5M	−32.8%	down 16
32	North Carolina State University	North Carolina	$62.0M	8.7%	31	$64.5M	−3.8%	down 1
33	University of Colorado Anschutz Medical Campus	Colorado	$61.9M	8.3%	32	$59.1M	+4.7%	down 1
34	Carnegie Mellon University	Pennsylvania	$58.7M	11.6%	42	$47.2M	+24.5%	up 8
35	University of Utah, The	Utah	$57.2M	7.2%	40	$48.8M	+17.2%	up 5
36	University of North Carolina at Chapel Hill, The	North Carolina	$55.9M	3.5%	34	$58.2M	−4.0%	down 2
37	Oregon Health and Science University	Oregon	$54.4M	10.0%	38	$53.1M	+2.4%	up 1
38	University of Cincinnati	Ohio	$53.9M	7.3%	39	$49.7M	+8.5%	up 1
39	University of Texas Southwestern Medical Center, The	Texas	$52.5M	6.0%	43	$46.3M	+13.4%	up 4
40	University of Minnesota, Twin Cities	Minnesota	$50.5M	3.6%	36	$55.1M	−8.4%	down 4
41	University of California, Berkeley	California	$46.1M	4.1%	24	$75.5M	−38.9%	down 17
42	Medical College of Wisconsin	Wisconsin	$46.1M	12.8%	50	$38.4M	+20.0%	up 8
43	University of Wisconsin-Madison	Wisconsin	$46.0M	2.4%	45	$46.1M	−0.2%	up 2
44	University of Illinois at Urbana-Champaign	Illinois	$45.7M	5.0%	47	$44.3M	+3.2%	up 3
45	California Institute of Technology	California	$45.4M	10.2%	55	$35.9M	+26.4%	up 10
46	University of Chicago, The	Illinois	$45.1M	6.6%	46	$45.0M	+0.4%	held
47	Scripps Research Institute, The	California	$44.7M	8.9%	62	$31.2M	+43.5%	up 15
48	University of Kansas	Kansas	$43.7M	8.0%	63	$31.0M	+41.2%	up 15
49	Baylor College of Medicine	Texas	$42.9M	4.9%	59	$33.1M	+29.7%	up 10
50	University of Miami	Florida	$40.6M	7.3%	41	$48.0M	−15.5%	down 9
51	University of Pittsburgh, Pittsburgh	Pennsylvania	$39.6M	2.6%	48	$43.4M	−8.6%	down 3
52	Touro University, New York	New York	$39.3M	51.1%	37	$53.4M	−26.4%	down 15
53	University of Iowa	Iowa	$39.2M	5.6%	57	$34.0M	+15.2%	up 4
54	Pennsylvania State University, The, University Park and Hershey Medical Center	Pennsylvania	$37.9M	2.9%	65	$29.3M	+29.3%	up 11
55	University of Maryland	Maryland	$37.8M	2.5%	53	$37.0M	+2.1%	down 2
56	Medical University of South Carolina	South Carolina	$37.8M	11.8%	66	$26.0M	+45.1%	up 10
57	Wake Forest University	North Carolina	$37.4M	10.8%	58	$33.5M	+11.5%	up 1
58	University of Florida	Florida	$37.1M	2.9%	49	$42.1M	−11.8%	down 9
59	Texas A&M University, College Station and Health Science Center	Texas	$37.0M	2.7%	52	$37.4M	−1.2%	down 7
60	Indiana University, Bloomington	Indiana	$35.6M	4.0%	54	$36.9M	−3.6%	down 6
61	University of California, Davis	California	$35.5M	3.5%	35	$55.4M	−35.9%	down 26
62	Virginia Polytechnic Institute and State University	Virginia	$34.3M	5.2%	56	$35.8M	−4.1%	down 6
63	University of Virginia, Charlottesville	Virginia	$34.2M	4.2%	61	$31.6M	+8.4%	down 2
64	University of California, Irvine	California	$32.2M	5.0%	44	$46.2M	−30.2%	down 20
65	University of Nebraska, Lincoln and Medical Center	Nebraska	$32.1M	4.9%	60	$32.7M	−1.9%	down 5
66	University of Rochester	New York	$31.7M	6.4%	64	$30.1M	+5.3%	down 2
67	State University of New York, University at Buffalo	New York	$27.3M	5.0%	76	$20.3M	+34.4%	up 9
68	Thomas Jefferson University	Pennsylvania	$26.7M	9.8%	73	$21.8M	+22.3%	up 5
69	Michigan State University	Michigan	$26.6M	2.9%	78	$18.6M	+42.9%	up 9
70	Temple University	Pennsylvania	$25.6M	8.1%	68	$25.1M	+1.6%	down 2
71	University of Missouri, Columbia	Missouri	$25.5M	5.0%	84	$15.8M	+61.4%	up 13
72	University of Arizona, The	Arizona	$25.3M	2.5%	67	$25.3M	−0.2%	down 5
73	Iowa State University	Iowa	$25.1M	5.4%	74	$21.2M	+18.1%	up 1
74	University of Massachusetts Medical School	Massachusetts	$23.2M	6.6%	72	$21.9M	+5.9%	down 2
75	Arizona State University	Arizona	$22.8M	2.3%	69	$24.7M	−7.7%	down 6
76	Virginia Commonwealth University	Virginia	$22.8M	4.3%	71	$22.7M	+0.3%	down 5
77	Clemson University	South Carolina	$21.9M	6.5%	75	$21.1M	+3.6%	down 2
78	Boston University	Massachusetts	$21.1M	2.7%	70	$23.4M	−9.5%	down 8
79	Georgetown University	District of Columbia	$19.9M	5.3%	81	$17.3M	+14.7%	up 2
80	University of Oklahoma, The	Oklahoma	$19.1M	4.0%	93	$12.8M	+49.7%	up 13
81	Princeton University	New Jersey	$18.7M	3.3%	77	$20.1M	−7.0%	down 4
82	University of Texas Health Science Center at Houston, The	Texas	$16.7M	4.0%	79	$17.5M	−4.3%	down 3
83	Northeastern University	Massachusetts	$16.6M	4.8%	99	$11.5M	+43.9%	up 16
84	Rush University	Illinois	$16.2M	11.6%	82	$16.5M	−2.1%	down 2
85	University of North Dakota	North Dakota	$15.9M	8.1%	80	$17.4M	−8.5%	down 5
86	University of Colorado Boulder	Colorado	$15.7M	2.2%	86	$15.0M	+4.3%	held
87	Louisiana State University, Baton Rouge	Louisiana	$15.5M	3.6%	87	$14.8M	+4.5%	held
88	Tufts University	Massachusetts	$15.2M	5.5%	83	$16.0M	−5.0%	down 5
89	University of Notre Dame	Indiana	$15.1M	4.4%	89	$14.6M	+2.9%	held
90	Texas Tech University	Texas	$14.8M	5.8%	85	$15.5M	−4.1%	down 5
91	University of South Florida	Florida	$14.4M	2.8%	91	$13.5M	+6.8%	held
92	Colorado State University, Fort Collins	Colorado	$14.4M	3.1%	90	$13.6M	+5.8%	down 2
93	University of Texas at Dallas, The	Texas	$13.7M	7.6%	95	$12.5M	+9.8%	up 2
94	Washington State University	Washington	$13.7M	3.4%	96	$12.1M	+13.1%	up 2
95	Colorado School of Mines	Colorado	$12.5M	11.3%	100	$11.4M	+9.3%	up 5
96	Oklahoma State University, Stillwater	Oklahoma	$11.8M	4.6%	94	$12.5M	−5.9%	down 2
97	University of Georgia	Georgia	$11.5M	1.8%	92	$13.0M	−11.2%	down 5
98	University of Kentucky	Kentucky	$11.5M	2.2%	97	$11.7M	−2.0%	down 1
99	University of Connecticut	Connecticut	$11.1M	2.6%	101	$11.3M	−1.1%	up 2
100	Auburn University, Auburn	Alabama	$10.8M	2.7%	98	$11.6M	−6.8%	down 2
101	University of Illinois Chicago	Illinois	$10.2M	1.9%	107	$9.5M	+8.2%	up 6
102	University of Houston	Texas	$10.1M	4.2%	112	$8.6M	+17.5%	up 10
103	University of New Hampshire	New Hampshire	$10.0M	4.3%	113	$8.5M	+18.2%	up 10
104	University of Louisville	Kentucky	$9.9M	4.4%	106	$9.6M	+3.4%	up 2
105	University of Central Florida	Florida	$9.8M	3.4%	105	$9.7M	+1.0%	held
106	University of Texas Health Science Center at San Antonio, The	Texas	$9.7M	3.1%	104	$10.4M	−7.0%	down 2
107	Rensselaer Polytechnic Institute	New York	$9.4M	6.7%	102	$11.0M	−14.3%	down 5
108	Syracuse University	New York	$9.3M	4.7%	110	$9.2M	+1.1%	up 2
109	University of Massachusetts Amherst	Massachusetts	$9.1M	3.2%	108	$9.2M	−0.9%	down 1
110	State University of New York, Stony Brook University	New York	$9.0M	2.8%	103	$10.8M	−16.4%	down 7
111	Dartmouth College and Dartmouth Hitchcock Medical Center	New Hampshire	$8.9M	2.1%	192	$2.4M	+270.4%	up 81
112	Oregon State University	Oregon	$8.7M	2.3%	111	$9.2M	−4.6%	down 1
113	Rice University	Texas	$8.7M	3.1%	121	$7.5M	+16.0%	up 8
114	University of Tennessee, The, Knoxville	Tennessee	$8.6M	2.2%	117	$7.9M	+9.1%	up 3
115	University of California, Santa Barbara	California	$8.6M	2.8%	88	$14.8M	−41.7%	down 27
116	University of Texas at San Antonio, The	Texas	$8.6M	5.0%	131	$6.0M	+43.7%	up 15
117	University of Dayton	Ohio	$7.7M	3.1%	116	$8.2M	−5.8%	down 1
118	Southern Illinois University, Carbondale	Illinois	$7.5M	12.3%	125	$6.9M	+9.1%	up 7
119	Kansas State University	Kansas	$7.5M	2.8%	118	$7.6M	−2.4%	down 1
120	University of Alaska Fairbanks	Alaska	$7.4M	3.0%	135	$5.5M	+35.0%	up 15
121	Woods Hole Oceanographic Institution	Massachusetts	$7.1M	2.3%	137	$5.4M	+30.2%	up 16
122	University of Arkansas, Fayetteville	Arkansas	$7.0M	3.1%	122	$7.4M	−4.3%	held
123	University of New Mexico, The	New Mexico	$6.9M	1.9%	136	$5.5M	+26.4%	up 13
124	George Washington University, The	District of Columbia	$6.8M	1.8%	132	$5.7M	+19.9%	up 8
125	Abilene Christian University	Texas	$6.6M	83.6%	124	$6.9M	−5.1%	down 1
126	University of Tulsa	Oklahoma	$6.5M	19.9%	126	$6.8M	−3.7%	held
127	Howard University	District of Columbia	$6.4M	6.3%	150	$4.6M	+41.7%	up 23
128	George Mason University	Virginia	$6.4M	2.3%	115	$8.3M	−22.8%	down 13
129	Tulane University	Louisiana	$6.4M	2.3%	114	$8.4M	−24.1%	down 15
130	Saint Louis University	Missouri	$6.2M	6.5%	138	$5.4M	+15.4%	up 8
131	Case Western Reserve University	Ohio	$6.1M	0.9%	147	$4.7M	+30.8%	up 16
132	West Virginia University	West Virginia	$6.0M	2.3%	145	$5.0M	+20.4%	up 13
133	Utah State University	Utah	$5.8M	1.3%	109	$9.2M	−36.8%	down 24
134	State University of New York, Upstate Medical University	New York	$5.8M	9.8%	128	$6.3M	−8.4%	down 6
135	Michigan Technological University	Michigan	$5.8M	5.4%	127	$6.6M	−12.7%	down 8
136	University of Massachusetts Lowell	Massachusetts	$5.7M	4.8%	120	$7.6M	−24.1%	down 16
137	University of Arkansas for Medical Sciences	Arkansas	$5.7M	2.5%	142	$5.3M	+7.9%	up 5
138	Brown University	Rhode Island	$5.7M	1.5%	130	$6.1M	−7.5%	down 8
139	Wayne State University	Michigan	$5.5M	1.9%	140	$5.3M	+2.4%	up 1
140	Georgia Southern University	Georgia	$5.4M	11.8%	139	$5.4M	+1.5%	down 1
141	Augusta University	Georgia	$5.4M	3.3%	151	$4.4M	+23.6%	up 10
142	Albert Einstein College of Medicine	New York	$5.4M	1.5%	133	$5.6M	−3.7%	down 9
143	University of Texas Medical Branch, The	Texas	$5.4M	2.2%	129	$6.1M	−12.3%	down 14
144	University of Texas at Arlington, The	Texas	$5.1M	3.3%	141	$5.3M	−4.3%	down 3
145	University of Maine	Maine	$5.0M	2.5%	144	$5.0M	−1.1%	down 1
146	University of Delaware	Delaware	$4.6M	1.0%	143	$5.2M	−11.4%	down 3
147	University of Tennessee, The, Health Science Center	Tennessee	$4.6M	3.7%	153	$4.2M	+9.7%	up 6
148	Loyola University Chicago	Illinois	$4.5M	7.4%	152	$4.3M	+5.4%	up 4
149	University of Vermont	Vermont	$4.5M	1.8%	149	$4.6M	−3.2%	held
150	Rockefeller University, The	New York	$4.5M	1.5%	178	$3.1M	+44.8%	up 28
151	East Carolina University	North Carolina	$4.4M	6.1%	148	$4.6M	−4.8%	down 3
152	State University of New York, Binghamton University	New York	$4.3M	2.7%	155	$4.1M	+5.9%	up 3
153	University of South Carolina, Columbia	South Carolina	$4.3M	1.5%	162	$3.6M	+17.6%	up 9
154	City University of New York, Graduate School of Public Health and Health Policy	New York	$4.2M	14.8%	230	$1.1M	+300.8%	up 76
155	Cold Spring Harbor Laboratory	New York	$4.2M	3.3%	157	$3.9M	+7.7%	up 2
156	Missouri University of Science and Technology	Missouri	$4.2M	6.0%	158	$3.9M	+7.3%	up 2
157	New York Medical College	New York	$4.2M	19.0%	170	$3.3M	+25.2%	up 13
158	Louisiana State University, Health Sciences Center, New Orleans	Louisiana	$4.2M	5.2%	164	$3.5M	+19.4%	up 6
159	Oakland University	Michigan	$4.1M	10.6%	146	$5.0M	−17.5%	down 13
160	Western Michigan University and Homer Stryker M.D. School of Medicine	Michigan	$3.8M	6.2%	172	$3.3M	+16.7%	up 12
161	Rhode Island School of Design	Rhode Island	$3.7M	72.6%	160	$3.7M	−0.1%	down 1
162	University of Wyoming	Wyoming	$3.7M	2.2%	182	$2.8M	+30.4%	up 20
163	Ohio University	Ohio	$3.7M	5.5%	159	$3.8M	−1.9%	down 4
164	Worcester Polytechnic Institute	Massachusetts	$3.7M	5.1%	154	$4.1M	−9.8%	down 10
165	Florida State University	Florida	$3.6M	0.8%	134	$5.6M	−35.7%	down 31
166	Indiana University-Purdue University, Indianapolis	Indiana	$3.6M	4.0%	166	$3.4M	+4.7%	held
167	Brigham Young University, Provo	Utah	$3.6M	2.3%	181	$3.0M	+20.6%	up 14
168	Florida International University	Florida	$3.4M	1.0%	180	$3.0M	+12.6%	up 12
169	Texas Christian University	Texas	$3.3M	11.9%	190	$2.5M	+32.4%	up 21
170	University of California, Riverside	California	$3.3M	1.4%	123	$7.3M	−55.1%	down 47
171	Albany Medical College	New York	$3.3M	14.2%	156	$4.0M	−17.3%	down 15
172	Saint Joseph's University	Pennsylvania	$3.1M	29.8%	188	$2.5M	+23.8%	up 16
173	University of North Carolina at Charlotte, The	North Carolina	$3.1M	3.3%	177	$3.1M	−1.0%	up 4
174	University of Nevada, Reno	Nevada	$3.1M	1.6%	184	$2.7M	+16.2%	up 10
175	University of Maryland, Baltimore County	Maryland	$3.1M	2.0%	191	$2.5M	+24.7%	up 16
176	Georgia State University	Georgia	$3.0M	1.2%	173	$3.3M	−8.2%	down 3
177	Rowan University	New Jersey	$3.0M	4.6%	223	$1.2M	+141.3%	up 46
178	Cleveland State University	Ohio	$2.7M	3.2%	163	$3.5M	−21.5%	down 15
179	Southeastern Louisiana University	Louisiana	$2.7M	47.6%	290	$472K	+462.1%	up 111
180	Mercer University	Georgia	$2.6M	5.7%	175	$3.2M	−18.7%	down 5
181	University of California, Santa Cruz	California	$2.6M	1.2%	119	$7.6M	−65.4%	down 62
182	Florida Atlantic University	Florida	$2.5M	2.9%	185	$2.6M	−3.1%	up 3
183	University of Mississippi	Mississippi	$2.5M	1.3%	171	$3.3M	−24.5%	down 12
184	New Mexico Institute of Mining and Technology	New Mexico	$2.5M	3.1%	169	$3.3M	−25.8%	down 15
185	Milwaukee School of Engineering	Wisconsin	$2.4M	78.5%	189	$2.5M	−3.3%	up 4
186	University of Hawaii at Manoa	Hawaii	$2.4M	0.6%	168	$3.4M	−29.1%	down 18
187	Mississippi State University	Mississippi	$2.4M	0.7%	176	$3.1M	−24.7%	down 11
188	Philadelphia College of Osteopathic Medicine	Pennsylvania	$2.3M	30.2%	187	$2.5M	−9.9%	down 1
189	Southern Methodist University	Texas	$2.3M	3.6%	207	$1.6M	+40.5%	up 18
189	Eastern Virginia Medical School	Virginia	$2.3M	8.1%	221	$1.3M	+76.2%	up 32
191	University of Massachusetts Dartmouth	Massachusetts	$2.2M	5.2%	204	$1.8M	+21.3%	up 13
192	University of Puerto Rico, Medical Sciences Campus	Puerto Rico	$2.2M	3.5%	174	$3.3M	−33.3%	down 18
193	University of Massachusetts Boston	Massachusetts	$2.1M	2.9%	193	$2.4M	−10.6%	held
194	William & Mary	Virginia	$2.1M	2.2%	225	$1.2M	+78.6%	up 31
195	Louisiana State University, Health Sciences Center, Shreveport	Louisiana	$2.1M	6.4%	161	$3.7M	−44.8%	down 34
196	University of North Texas, Denton	Texas	$2.0M	1.6%	199	$1.9M	+5.4%	up 3
197	South Dakota State University	South Dakota	$2.0M	2.4%	210	$1.4M	+38.0%	up 13
198	New Mexico State University	New Mexico	$2.0M	1.4%	200	$1.9M	+5.3%	up 2
199	Rochester Institute of Technology	New York	$2.0M	2.5%	179	$3.1M	−36.5%	down 20
200	University of Akron, The	Ohio	$1.9M	7.7%	203	$1.8M	+3.5%	up 3
201	University of Michigan, Dearborn	Michigan	$1.8M	14.7%	186	$2.6M	−29.6%	down 15
202	University of Alabama, The, Tuscaloosa	Alabama	$1.8M	0.8%	198	$2.0M	−7.2%	down 4
203	Drexel University	Pennsylvania	$1.8M	1.1%	205	$1.7M	+3.8%	up 2
204	University of Idaho	Idaho	$1.7M	1.2%	201	$1.8M	−9.8%	down 3
205	North Dakota State University	North Dakota	$1.6M	0.8%	219	$1.3M	+25.9%	up 14
206	University of North Carolina at Wilmington, The	North Carolina	$1.6M	7.1%	206	$1.6M	−2.3%	held
207	Loma Linda University	California	$1.6M	6.7%	209	$1.5M	+9.0%	up 2
208	Clarkson University	New York	$1.6M	6.0%	228	$1.1M	+42.5%	up 20
209	University of Denver	Colorado	$1.5M	2.8%	197	$2.0M	−22.0%	down 12
210	University of Rhode Island	Rhode Island	$1.5M	1.1%	196	$2.1M	−26.9%	down 14
211	University of California, Merced	California	$1.5M	2.0%	218	$1.3M	+17.7%	up 7
212	Texas State University	Texas	$1.5M	0.9%	214	$1.4M	+8.3%	up 2
213	University of Wisconsin-Milwaukee	Wisconsin	$1.5M	2.2%	211	$1.4M	+3.9%	down 2
214	Illinois Institute of Technology	Illinois	$1.5M	3.9%	219	$1.3M	+14.7%	up 5
215	San Jose State University	California	$1.5M	1.7%	195	$2.1M	−29.6%	down 20
216	University of Toledo, The	Ohio	$1.4M	2.0%	194	$2.3M	−37.7%	down 22
217	Dakota State University	South Dakota	$1.4M	24.6%	256	$692K	+100.6%	up 39
218	Nova Southeastern University	Florida	$1.3M	2.2%	276	$543K	+147.5%	up 58
219	Baylor University	Texas	$1.3M	1.0%	165	$3.5M	−62.5%	down 54
220	Miami University	Ohio	$1.3M	4.5%	215	$1.4M	−4.9%	down 5
221	Embry-Riddle Aeronautical University	Florida	$1.2M	3.3%	231	$1.0M	+11.7%	up 10
222	State University of New York College of Optometry	New York	$1.2M	30.7%	216	$1.3M	−12.7%	down 6
223	Northern Arizona University	Arizona	$1.1M	1.2%	233	$1.0M	+9.5%	up 10
224	Texas Tech University Health Sciences Center	Texas	$1.1M	2.1%	265	$608K	+82.6%	up 41
224	Southern College of Optometry	Tennessee	$1.1M	98.7%	338	$250K	+344.0%	up 114
226	University of Texas at El Paso, The	Texas	$1.1M	0.7%	222	$1.3M	−13.2%	down 4
227	University of Nevada, Las Vegas	Nevada	$1.1M	0.9%	208	$1.6M	−32.0%	down 19
228	Hawaii Pacific University	Hawaii	$1.1M	27.8%	298	$438K	+140.4%	up 70
229	Prairie View A&M University	Texas	$1.1M	3.3%	287	$490K	+114.7%	up 58
230	California State Polytechnic University, Humboldt	California	$1.0M	3.9%	299	$437K	+139.8%	up 69
231	American University	District of Columbia	$1.0M	1.3%	267	$603K	+69.2%	up 36
232	University of Montana, The, Missoula	Montana	$1.0M	0.7%	352	$220K	+362.7%	up 120
233	Creighton University	Nebraska	$999K	3.4%	232	$1.0M	−3.3%	down 1
234	Monmouth University	New Jersey	$983K	22.6%	372	$168K	+485.1%	up 138
235	Montana State University, Bozeman	Montana	$962K	0.4%	235	$956K	+0.6%	held
236	University of Memphis, The	Tennessee	$960K	0.9%	202	$1.8M	−47.8%	down 34
237	Kent State University	Ohio	$953K	1.6%	245	$753K	+26.6%	up 8
238	University of Alabama in Huntsville, The	Alabama	$941K	0.6%	248	$731K	+28.7%	up 10
239	University of Texas Rio Grande Valley, The	Texas	$918K	1.0%	273	$569K	+61.3%	up 34
240	Texas A&M University-Kingsville	Texas	$917K	2.9%	288	$487K	+88.3%	up 48
241	Southern Illinois University, Edwardsville	Illinois	$911K	5.2%	246	$752K	+21.1%	up 5
242	New Jersey Institute of Technology	New Jersey	$906K	0.5%	213	$1.4M	−34.6%	down 29
243	San Diego State University	California	$903K	0.5%	291	$469K	+92.5%	up 48
244	Rutgers, The State University of New Jersey, Camden	New Jersey	$892K	9.1%	275	$544K	+64.0%	up 31
245	Alaska Pacific University	Alaska	$891K	41.1%	226	$1.2M	−24.0%	down 19
246	University of North Florida	Florida	$881K	4.6%	242	$825K	+6.8%	down 4
247	Geisinger Commonwealth School of Medicine	Pennsylvania	$874K	98.6%	289	$485K	+80.2%	up 42
248	Boston College	Massachusetts	$867K	0.9%	234	$974K	−11.0%	down 14
249	Lehigh University	Pennsylvania	$851K	1.4%	237	$893K	−4.7%	down 12
250	Illinois College of Optometry	Illinois	$846K	73.1%	229	$1.1M	−22.0%	down 21
251	Florida Agricultural and Mechanical University	Florida	$830K	1.2%	271	$586K	+41.6%	up 20
251	University of North Texas, Health Science Center	Texas	$830K	0.8%	239	$847K	−2.0%	down 12
253	Naval Postgraduate School	California	$794K	1.1%	258	$654K	+21.4%	up 5
254	Morehead State University	Kentucky	$790K	34.4%	278	$530K	+49.1%	up 24
255	Old Dominion University	Virginia	$785K	1.0%	305	$387K	+102.8%	up 50
256	California Polytechnic State University, San Luis Obispo	California	$777K	2.0%	224	$1.2M	−35.5%	down 32
257	West Texas A&M University	Texas	$776K	6.7%	227	$1.1M	−31.6%	down 30
258	Stevens Institute of Technology	New Jersey	$774K	1.1%	167	$3.4M	−77.2%	down 91
259	Villanova University	Pennsylvania	$762K	2.3%	264	$622K	+22.5%	up 5
260	City University of New York, The, Hunter College	New York	$751K	1.7%	247	$739K	+1.6%	down 13
261	Northern Illinois University	Illinois	$721K	2.1%	254	$705K	+2.3%	down 7
262	University of South Alabama	Alabama	$719K	1.0%	217	$1.3M	−44.7%	down 45
263	Appalachian State University	North Carolina	$713K	6.3%	255	$702K	+1.6%	down 8
264	United States Air Force Academy	Colorado	$707K	1.3%	314	$357K	+98.0%	up 50
265	Missouri State University	Missouri	$690K	4.3%	490	$20K	+3350.0%	up 225
266	Desert Research Institute	Nevada	$673K	2.1%	243	$802K	−16.1%	down 23
267	Central Michigan University	Michigan	$666K	2.4%	303	$408K	+63.2%	up 36
268	University of Oregon	Oregon	$663K	0.4%	297	$443K	+49.7%	up 29
269	Louisiana Tech University	Louisiana	$656K	2.1%	249	$722K	−9.1%	down 20
270	University of Puerto Rico at Mayaguez	Puerto Rico	$644K	2.4%	294	$455K	+41.5%	up 24
271	Texas A&M University-Corpus Christi	Texas	$642K	1.2%	345	$230K	+179.1%	up 74
272	Wright State University	Ohio	$638K	2.8%	282	$513K	+24.4%	up 10
273	Claremont Graduate University	California	$633K	13.2%	183	$2.7M	−76.6%	down 90
274	Pennsylvania State University, The, Behrend	Pennsylvania	$632K	9.0%	252	$708K	−10.7%	down 22
275	University of Wisconsin-La Crosse	Wisconsin	$631K	20.6%	251	$709K	−11.0%	down 24
276	University of North Carolina at Greensboro, The	North Carolina	$606K	0.8%	269	$597K	+1.5%	down 7
277	North Carolina Central University	North Carolina	$597K	3.7%	280	$516K	+15.7%	up 3
277	Teachers College, Columbia University	New York	$597K	1.8%	212	$1.4M	−58.2%	down 65
277	Purdue University, Northwest	Indiana	$597K	6.3%	269	$597K	0.0%	down 8
280	Florida Institute of Technology	Florida	$575K	3.2%	388	$142K	+304.9%	up 108
281	University of Houston-Clear Lake	Texas	$563K	18.3%	277	$533K	+5.6%	down 4
282	University of Southern Mississippi, The	Mississippi	$543K	0.6%	309	$372K	+46.0%	up 27
283	Marshall University	West Virginia	$535K	1.4%	284	$510K	+4.9%	up 1
284	Ball State University	Indiana	$532K	4.1%	260	$637K	−16.5%	down 24
285	City University of New York, The, The City College	New York	$517K	0.7%	350	$223K	+131.8%	up 65
286	Morgan State University	Maryland	$511K	0.9%	250	$721K	−29.1%	down 36
287	State University of New York College of Environmental Science and Forestry	New York	$505K	1.3%	281	$515K	−1.9%	down 6
288	Marshall B. Ketchum University	California	$504K	25.8%	295	$454K	+11.0%	up 7
289	Sonoran University of Health Sciences	Arizona	$500K	90.9%	285	$500K	0.0%	down 4
290	New College of Florida	Florida	$495K	33.9%	302	$425K	+16.5%	up 12
291	DePaul University	Illinois	$478K	4.5%	309	$372K	+28.5%	up 18
292	Illinois State University	Illinois	$474K	1.4%	379	$152K	+211.8%	up 87
293	University of Missouri, Kansas City	Missouri	$473K	0.8%	272	$582K	−18.7%	down 21
294	Alfred University	New York	$464K	7.8%	319	$330K	+40.6%	up 25
295	University of Texas at Tyler, The	Texas	$462K	12.7%	349	$227K	+103.5%	up 54
296	St. John's University, New York	New York	$458K	9.3%	316	$341K	+34.3%	up 20
297	California State University, Long Beach	California	$452K	1.3%	381	$149K	+203.4%	up 84
298	California State University, Fresno	California	$448K	3.1%	341	$238K	+88.2%	up 43
299	Bucknell University	Pennsylvania	$442K	7.1%	323	$299K	+47.8%	up 24
300	University of Texas Health Science Center at Tyler	Texas	$433K	1.7%	366	$172K	+151.7%	up 66
301	Idaho State University	Idaho	$431K	2.5%	266	$605K	−28.8%	down 35
302	City University of New York, The, Lehman College	New York	$427K	6.8%	312	$365K	+17.0%	up 10
303	University of Wisconsin-Eau Claire	Wisconsin	$426K	11.4%	339	$248K	+71.8%	up 36
304	University of New Orleans	Louisiana	$416K	2.2%	286	$491K	−15.3%	down 18
305	Western University of Health Sciences	California	$407K	3.6%	293	$457K	−10.9%	down 12
306	Wilkes University	Pennsylvania	$397K	44.4%	394	$124K	+220.2%	up 88
307	Alabama A&M University	Alabama	$396K	2.4%	307	$381K	+3.9%	held
307	University of Colorado Denver	Colorado	$396K	1.6%	240	$846K	−53.2%	down 67
309	University of Wisconsin-Platteville	Wisconsin	$384K	22.9%	317	$339K	+13.3%	up 8
310	Occidental College	California	$379K	6.6%	325	$288K	+31.6%	up 15
311	University of Alaska Anchorage	Alaska	$378K	1.5%	328	$283K	+33.6%	up 17
312	Catholic University of America, The	District of Columbia	$368K	0.6%	332	$264K	+39.4%	up 20
313	Stockton University	New Jersey	$367K	16.3%	470	$36K	+919.4%	up 157
314	Franklin and Marshall College	Pennsylvania	$364K	7.6%	311	$371K	−1.9%	down 3
315	South Dakota School of Mines and Technology	South Dakota	$358K	1.5%	326	$286K	+25.2%	up 11
316	Marquette University	Wisconsin	$357K	0.7%	238	$879K	−59.4%	down 78
317	Western Washington University	Washington	$355K	1.5%	436	$66K	+437.9%	up 119
318	Toyota Technological Institute at Chicago	Illinois	$354K	7.1%	320	$321K	+10.3%	up 2
319	Lawrence Technological University	Michigan	$352K	4.2%	361	$183K	+92.3%	up 42
320	South Carolina State University	South Carolina	$350K	2.8%	—	—	new	—
321	Keck Graduate Institute	California	$348K	8.8%	262	$634K	−45.1%	down 59
322	Kettering University	Michigan	$347K	12.5%	318	$337K	+3.0%	down 4
323	Boise State University	Idaho	$344K	0.6%	301	$426K	−19.2%	down 22
323	Pittsburg State University	Kansas	$344K	13.3%	244	$755K	−54.4%	down 79
325	Santa Clara University	California	$338K	4.2%	313	$364K	−7.1%	down 12
326	State University of New York, Downstate Health Sciences University	New York	$333K	0.9%	321	$313K	+6.4%	down 5
327	Chapman University	California	$331K	0.7%	306	$383K	−13.6%	down 21
328	Manhattan College	New York	$313K	14.3%	383	$146K	+114.4%	up 55
329	Pacific University	Oregon	$308K	3.7%	430	$70K	+340.0%	up 101
329	University of Colorado Colorado Springs	Colorado	$308K	4.1%	279	$523K	−41.1%	down 50
331	Barry University	Florida	$307K	52.4%	342	$237K	+29.5%	up 11
332	Tennessee State University	Tennessee	$297K	0.8%	377	$155K	+91.6%	up 45
333	St. Cloud State University	Minnesota	$294K	6.7%	241	$835K	−64.8%	down 92
334	Wellesley College	Massachusetts	$289K	4.1%	419	$80K	+261.3%	up 85
335	California State University, Northridge	California	$281K	1.0%	398	$113K	+148.7%	up 63
336	Texas Tech University Health Sciences Center, El Paso	Texas	$271K	1.7%	348	$229K	+18.3%	up 12
337	Van Andel Research Institute	Michigan	$270K	0.3%	377	$155K	+74.2%	up 40
338	University of Missouri, Saint Louis	Missouri	$265K	1.8%	401	$105K	+152.4%	up 63
339	Montana Technological University	Montana	$262K	1.2%	345	$230K	+13.9%	up 6
340	Brandeis University	Massachusetts	$261K	0.2%	257	$661K	−60.5%	down 83
341	University of West Florida	Florida	$256K	0.6%	268	$601K	−57.4%	down 73
342	Western Illinois University	Illinois	$255K	6.2%	340	$243K	+4.9%	down 2
343	University of St. Thomas (MN)	Minnesota	$251K	4.2%	334	$255K	−1.6%	down 9
344	North Carolina A&T State University	North Carolina	$250K	0.3%	263	$628K	−60.2%	down 81
345	Portland State University	Oregon	$246K	0.5%	252	$708K	−65.3%	down 93
346	Tarleton State University	Texas	$244K	1.0%	326	$286K	−14.7%	down 20
347	Delaware State University	Delaware	$242K	0.6%	454	$48K	+404.2%	up 107
348	California State University, Chico	California	$233K	2.6%	499	$18K	+1194.4%	up 151
349	Lamar University	Texas	$227K	2.7%	315	$342K	−33.6%	down 34
349	Gustavus Adolphus College	Minnesota	$227K	26.4%	364	$181K	+25.4%	up 15
351	Rutgers, The State University of New Jersey, Newark	New Jersey	$216K	0.8%	358	$195K	+10.8%	up 7
351	Fordham University	New York	$216K	0.8%	555	$3K	+7100.0%	up 204
353	University of Maryland Center for Environmental Science	Maryland	$210K	0.4%	357	$198K	+6.1%	up 4
354	Duquesne University	Pennsylvania	$204K	1.1%	329	$275K	−25.8%	down 25
355	Clark University	Massachusetts	$199K	1.6%	418	$81K	+145.7%	up 63
356	National University of Natural Medicine	Oregon	$198K	13.5%	371	$169K	+17.2%	up 15
357	Eckerd College	Florida	$197K	12.6%	359	$191K	+3.1%	up 2
358	City University of New York, The, John Jay College Criminal Justice	New York	$190K	0.9%	399	$111K	+71.2%	up 41
358	United States Military Academy	New York	$190K	0.9%	330	$269K	−29.4%	down 28
360	Kennesaw State University	Georgia	$184K	0.4%	375	$157K	+17.2%	up 15
361	City University of New York, The, Brooklyn College	New York	$183K	1.2%	461	$44K	+315.9%	up 100
362	Texas Woman's University	Texas	$180K	2.0%	373	$166K	+8.4%	up 11
363	Towson University	Maryland	$179K	0.9%	420	$79K	+126.6%	up 57
364	Texas A&M International University	Texas	$177K	2.1%	370	$170K	+4.1%	up 6
365	Taylor University	Indiana	$176K	60.3%	374	$158K	+11.4%	up 9
366	National University	California	$175K	3.5%	—	—	new	—
367	University of Minnesota, Duluth	Minnesota	$174K	0.6%	307	$381K	−54.3%	down 60
368	Smith College	Massachusetts	$171K	2.3%	335	$253K	−32.4%	down 33
368	City University of New York, The, Graduate Center, The	New York	$171K	0.2%	392	$127K	+34.6%	up 24
370	Albany College of Pharmacy and Health Sciences	New York	$167K	15.0%	331	$266K	−37.2%	down 39
371	Pennsylvania State University, The, Altoona	Pennsylvania	$166K	10.6%	409	$91K	+82.4%	up 38
372	Indiana University of Pennsylvania	Pennsylvania	$159K	2.4%	505	$17K	+835.3%	up 133
373	University of Wisconsin-Oshkosh	Wisconsin	$158K	4.6%	375	$157K	+0.6%	up 2
374	New School, The	New York	$152K	0.6%	446	$56K	+171.4%	up 72
375	Purdue University, Fort Wayne	Indiana	$151K	4.0%	366	$172K	−12.2%	down 9
376	University of Hartford	Connecticut	$140K	7.2%	555	$3K	+4566.7%	up 179
376	Lake Superior State University	Michigan	$140K	3.6%	436	$66K	+112.1%	up 60
378	East Tennessee State University	Tennessee	$138K	0.3%	390	$130K	+6.2%	up 12
379	Norfolk State University	Virginia	$134K	1.8%	363	$182K	−26.4%	down 16
380	City University of New York, The, Advanced Science Research Center	New York	$132K	0.6%	296	$451K	−70.7%	down 84
381	Long Island University	New York	$126K	0.7%	411	$90K	+40.0%	up 30
382	University of Central Oklahoma	Oklahoma	$125K	2.8%	405	$100K	+25.0%	up 23
383	Liberty University	Virginia	$124K	7.8%	454	$48K	+158.3%	up 71
384	Arkansas State University, Jonesboro	Arkansas	$122K	1.1%	333	$260K	−53.1%	down 51
385	California State University, Dominguez Hills	California	$121K	2.1%	464	$41K	+195.1%	up 79
385	University of Wisconsin-Green Bay	Wisconsin	$121K	4.6%	452	$52K	+132.7%	up 67
387	Florida Gulf Coast University	Florida	$120K	0.5%	400	$108K	+11.1%	up 13
388	College of Charleston	South Carolina	$119K	1.4%	438	$64K	+85.9%	up 50
389	University of Puerto Rico at Rio Piedras	Puerto Rico	$117K	0.3%	336	$252K	−53.6%	down 53
390	University of Texas of the Permian Basin, The	Texas	$114K	4.3%	360	$190K	−40.0%	down 30
391	Stephen F. Austin State University	Texas	$111K	2.5%	475	$32K	+246.9%	up 84
392	Oregon Institute of Technology	Oregon	$110K	1.7%	407	$97K	+13.4%	up 15
393	Tennessee Technological University	Tennessee	$109K	0.3%	397	$120K	−9.2%	up 4
393	Florida Polytechnic University	Florida	$109K	4.6%	361	$183K	−40.4%	down 32
395	University of the Pacific	California	$103K	4.4%	525	$9K	+1044.4%	up 130
396	California State Polytechnic University, Pomona	California	$100K	0.7%	368	$171K	−41.5%	down 28
396	Sul Ross State University	Texas	$100K	1.5%	—	—	new	—
398	Western New England University	Massachusetts	$96K	8.0%	412	$89K	+7.9%	up 14
398	Langston University	Oklahoma	$96K	0.7%	300	$430K	−77.7%	down 98
400	Southern Oregon University	Oregon	$95K	9.3%	428	$72K	+31.9%	up 28
401	University of Detroit Mercy	Michigan	$93K	2.0%	389	$140K	−33.6%	down 12
402	University of South Dakota, The	South Dakota	$89K	0.3%	461	$44K	+102.3%	up 59
403	California State University, Fullerton	California	$86K	0.3%	356	$204K	−57.8%	down 47
404	University of San Diego	California	$85K	0.7%	431	$69K	+23.2%	up 27
404	Point Loma Nazarene University	California	$85K	12.0%	535	$7K	+1114.3%	up 131
406	Eastern Michigan University	Michigan	$84K	0.7%	—	—	new	—
407	Western Carolina University	North Carolina	$83K	3.6%	368	$171K	−51.5%	down 39
408	University of Central Arkansas	Arkansas	$80K	2.5%	467	$40K	+100.0%	up 59
409	University of Nebraska at Omaha	Nebraska	$79K	0.2%	441	$61K	+29.5%	up 32
409	Salus University	Pennsylvania	$79K	14.6%	354	$213K	−62.9%	down 55
411	Southern University and A&M College, Baton Rouge	Louisiana	$78K	1.4%	259	$648K	−88.0%	down 152
412	University of Tampa, The	Florida	$77K	7.7%	—	—	new	—
413	Oklahoma State University, Center for Health Sciences	Oklahoma	$76K	0.5%	520	$11K	+590.9%	up 107
414	Weber State University	Utah	$75K	6.2%	446	$56K	+33.9%	up 32
414	City University of New York, The, College of Staten Island	New York	$75K	1.3%	464	$41K	+82.9%	up 50
416	University of Tennessee, The, Chattanooga	Tennessee	$72K	0.6%	336	$252K	−71.4%	down 80
416	Kean University	New Jersey	$72K	0.8%	510	$15K	+380.0%	up 94
418	Western Kentucky University	Kentucky	$69K	0.6%	425	$78K	−11.5%	up 7
418	Meharry Medical College	Tennessee	$69K	0.3%	438	$64K	+7.8%	up 20
418	University of Hawaii at Hilo	Hawaii	$69K	0.8%	443	$59K	+16.9%	up 25
418	Texas A&M University-San Antonio	Texas	$69K	1.0%	548	$4K	+1625.0%	up 130
422	Franklin W. Olin College of Engineering	Massachusetts	$67K	3.7%	345	$230K	−70.9%	down 77
423	Midwestern State University	Texas	$66K	5.2%	445	$58K	+13.8%	up 22
424	California State University, Stanislaus	California	$65K	2.7%	292	$468K	−86.1%	down 132
424	Indiana State University	Indiana	$65K	5.7%	475	$32K	+103.1%	up 51
424	Air Force Institute of Technology	Ohio	$65K	0.1%	403	$102K	−36.3%	down 21
427	High Point University	North Carolina	$64K	6.4%	—	—	new	—
428	Eastern Washington University	Washington	$63K	2.1%	529	$8K	+687.5%	up 101
428	University of Houston-Downtown	Texas	$63K	2.1%	433	$68K	−7.4%	up 5
430	California Baptist University	California	$62K	2.9%	—	—	new	—
431	University of Washington, Bothell	Washington	$60K	1.1%	564	$1K	+5900.0%	up 133
432	Bowling Green State University	Ohio	$59K	0.3%	344	$233K	−74.7%	down 88
433	Southern Connecticut State University	Connecticut	$58K	0.8%	433	$68K	−14.7%	held
433	Albany State University	Georgia	$58K	1.4%	385	$145K	−60.0%	down 48
433	Midwestern University	Illinois	$58K	0.4%	427	$76K	−23.7%	down 6
433	Murray State University	Kentucky	$58K	1.6%	420	$79K	−26.6%	down 13
433	West Chester University of Pennsylvania	Pennsylvania	$58K	0.8%	394	$124K	−53.2%	down 39
433	Pennsylvania State University, The, Great Valley School of Graduate Professional Studies	Pennsylvania	$58K	8.1%	469	$37K	+56.8%	up 36
439	Ferris State University	Michigan	$57K	2.8%	451	$53K	+7.5%	up 12
439	City University of New York, The, Medgar Evers College	New York	$57K	5.3%	380	$150K	−62.0%	down 59
441	University of Nebraska at Kearney	Nebraska	$56K	1.5%	483	$25K	+124.0%	up 42
442	Seattle University	Washington	$55K	1.2%	449	$55K	0.0%	up 7
443	Wesleyan University	Connecticut	$51K	0.5%	351	$221K	−76.9%	down 92
444	University of Wisconsin-Whitewater	Wisconsin	$50K	10.8%	420	$79K	−36.7%	down 24
444	Fort Hays State University	Kansas	$50K	6.5%	475	$32K	+56.3%	up 31
446	Quinnipiac University	Connecticut	$49K	1.8%	460	$45K	+8.9%	up 14
447	University of New England	Maine	$47K	0.6%	479	$29K	+62.1%	up 32
447	Furman University	South Carolina	$47K	1.5%	391	$128K	−63.3%	down 56
449	California State University, Sacramento	California	$45K	0.1%	481	$26K	+73.1%	up 32
449	Christopher Newport University	Virginia	$45K	1.2%	408	$94K	−52.1%	down 41
449	California State University, Maritime Academy	California	$45K	29.6%	—	—	new	—
452	City University of New York, The, Baruch College	New York	$44K	0.7%	409	$91K	−51.6%	down 43
452	California State University, Channel Islands	California	$44K	1.1%	353	$219K	−79.9%	down 99
454	Middle Tennessee State University	Tennessee	$43K	0.5%	387	$143K	−69.9%	down 67
454	Hult International Business School	Massachusetts	$43K	3.4%	467	$40K	+7.5%	up 13
456	Life University	Georgia	$42K	18.8%	463	$43K	−2.3%	up 7
457	Barnard College	New York	$41K	0.6%	529	$8K	+412.5%	up 72
458	University of Baltimore	Maryland	$38K	0.7%	490	$20K	+90.0%	up 32
459	Radford University	Virginia	$37K	2.9%	514	$13K	+184.6%	up 55
459	University of Wisconsin-River Falls	Wisconsin	$37K	1.3%	354	$213K	−82.6%	down 105
459	University of the Incarnate Word	Texas	$37K	1.0%	450	$54K	−31.5%	down 9
459	Oakwood University	Alabama	$37K	5.9%	—	—	new	—
459	Montana State University, Billings	Montana	$37K	3.3%	473	$34K	+8.8%	up 14
464	Butler University	Indiana	$35K	2.7%	490	$20K	+75.0%	up 26
464	University of Health Sciences and Pharmacy in St. Louis	Missouri	$35K	1.2%	416	$84K	−58.3%	down 48
464	Baldwin Wallace University	Ohio	$35K	4.1%	499	$18K	+94.4%	up 35
464	William Carey University	Mississippi	$35K	21.7%	483	$25K	+40.0%	up 19
468	Touro University, California	California	$34K	1.4%	420	$79K	−57.0%	down 48
469	Clark Atlanta University	Georgia	$33K	0.2%	420	$79K	−58.2%	down 49
469	Valparaiso University	Indiana	$33K	3.6%	—	—	new	—
469	Colgate University	New York	$33K	0.7%	322	$305K	−89.2%	down 147
469	Roseman University of Health Sciences	Nevada	$33K	0.5%	435	$67K	−50.7%	down 34
473	Touro University, Nevada	Nevada	$32K	4.5%	403	$102K	−68.6%	down 70
474	California State University, East Bay	California	$31K	0.2%	—	—	new	—
474	Alcorn State University	Mississippi	$31K	0.2%	486	$24K	+29.2%	up 12
476	State University of New York Polytechnic Institute	New York	$29K	2.4%	4	$188.4M	−100.0%	down 472
477	University of Northern Colorado	Colorado	$28K	0.3%	431	$69K	−59.4%	down 46
477	University of Maine Farmington	Maine	$28K	1.9%	483	$25K	+12.0%	up 6
479	Lipscomb University	Tennessee	$27K	1.3%	529	$8K	+237.5%	up 50
480	Drake University	Iowa	$25K	1.7%	473	$34K	−26.5%	down 7
480	Nicholls State University	Louisiana	$25K	2.2%	414	$85K	−70.6%	down 66
482	University of New Haven	Connecticut	$23K	0.4%	486	$24K	−4.2%	up 4
482	Trinity University	Texas	$23K	0.4%	—	—	new	—
482	Sacred Heart University	Connecticut	$23K	0.4%	—	—	new	—
485	Youngstown State University	Ohio	$22K	0.8%	457	$47K	−53.2%	down 28
485	Robert Morris University	Pennsylvania	$22K	1.6%	489	$22K	0.0%	up 4
485	Marist College	New York	$22K	7.1%	470	$36K	−38.9%	down 15
488	Grinnell College	Iowa	$21K	0.3%	—	—	new	—
488	Gannon University	Pennsylvania	$21K	2.5%	522	$10K	+110.0%	up 34
490	University of Scranton	Pennsylvania	$20K	1.4%	490	$20K	0.0%	held
490	Sam Houston State University	Texas	$20K	0.1%	343	$235K	−91.5%	down 147
490	Central Washington University	Washington	$20K	0.7%	414	$85K	−76.5%	down 76
490	University of Bridgeport	Connecticut	$20K	2.7%	496	$19K	+5.3%	up 6
494	Sonoma State University	California	$19K	0.4%	459	$46K	−58.7%	down 35
494	University of Michigan, Flint	Michigan	$19K	0.9%	457	$47K	−59.6%	down 37
494	University of Washington, Tacoma	Washington	$19K	0.2%	564	$1K	+1800.0%	up 70
497	Des Moines University	Iowa	$18K	0.5%	—	—	new	—
497	St. Norbert College	Wisconsin	$18K	3.2%	480	$28K	−35.7%	down 17
499	University of Tennessee, The, Martin	Tennessee	$16K	6.4%	—	—	new	—
500	LeTourneau University	Texas	$15K	7.6%	510	$15K	0.0%	up 10
501	University of Lynchburg	Virginia	$14K	7.1%	514	$13K	+7.7%	up 13
502	Union College, Schenectady	New York	$13K	0.6%	505	$17K	−23.5%	up 3
503	University of North Carolina at Asheville, The	North Carolina	$12K	0.2%	393	$126K	−90.5%	down 110
503	Muhlenberg College	Pennsylvania	$12K	2.9%	514	$13K	−7.7%	up 11
505	San Francisco State University	California	$11K	0.0%	—	—	new	—
505	University of Louisiana at Monroe	Louisiana	$11K	0.4%	478	$30K	−63.3%	down 27
505	Northern Michigan University	Michigan	$11K	0.6%	564	$1K	+1000.0%	up 59
505	California State University, Monterey Bay	California	$11K	0.1%	438	$64K	−82.8%	down 67
509	Troy University	Alabama	$10K	0.3%	564	$1K	+900.0%	up 55
509	University of Guam	Guam	$10K	0.0%	443	$59K	−83.1%	down 66
509	Elon University	North Carolina	$10K	0.3%	—	—	new	—
509	Marymount University	Virginia	$10K	0.4%	—	—	new	—
509	Johnson and Wales University, Providence	Rhode Island	$10K	6.7%	—	—	new	—
509	Metropolitan State University	Minnesota	$10K	4.7%	525	$9K	+11.1%	up 16
515	City University of New York, The, Queens College	New York	$9K	0.0%	529	$8K	+12.5%	up 14
515	State University of New York, Buffalo State University	New York	$9K	0.4%	—	—	new	—
515	Loyola Marymount University	California	$9K	0.1%	416	$84K	−89.3%	down 99
515	Arkansas Tech University	Arkansas	$9K	1.9%	545	$5K	+80.0%	up 30
519	University of Arkansas Pine Bluff	Arkansas	$7K	0.1%	464	$41K	−82.9%	down 55
519	Rosalind Franklin University of Medicine and Science	Illinois	$7K	0.1%	274	$565K	−98.8%	down 245
519	Saginaw Valley State University	Michigan	$7K	0.2%	541	$6K	+16.7%	up 22
519	Northern Kentucky University	Kentucky	$7K	0.2%	541	$6K	+16.7%	up 22
519	Wheaton College, Wheaton	Illinois	$7K	0.5%	545	$5K	+40.0%	up 26
519	MCPHS University	Massachusetts	$7K	1.5%	525	$9K	−22.2%	up 6
525	Bentley University	Massachusetts	$6K	0.1%	499	$18K	−66.7%	down 26
525	Elizabeth City State University	North Carolina	$6K	0.6%	385	$145K	−95.9%	down 140
525	University of Alaska Southeast	Alaska	$6K	0.3%	—	—	new	—
525	Lincoln Memorial University	Tennessee	$6K	0.3%	548	$4K	+50.0%	up 23
525	Augustana University	South Dakota	$6K	0.7%	—	—	new	—
525	Jarvis Christian University	Texas	$6K	4.0%	—	—	new	—
531	Salisbury University	Maryland	$5K	0.0%	—	—	new	—
531	United States Army War College	Pennsylvania	$5K	0.1%	—	—	new	—
531	University of North Georgia	Georgia	$5K	0.3%	535	$7K	−28.6%	up 4
531	State University of New York at New Paltz	New York	$5K	1.1%	548	$4K	+25.0%	up 17
535	University of Arkansas at Little Rock	Arkansas	$4K	0.0%	282	$513K	−99.2%	down 253
535	Calvin University	Michigan	$4K	0.2%	—	—	new	—
535	Roger Williams University	Rhode Island	$4K	0.1%	428	$72K	−94.4%	down 107
535	Augustana College	Illinois	$4K	1.0%	520	$11K	−63.6%	down 15
535	Arkansas Colleges of Health Education	Arkansas	$4K	1.2%	—	—	new	—
540	University of South Carolina Upstate	South Carolina	$3K	0.1%	—	—	new	—
540	Minnesota State University, Moorhead	Minnesota	$3K	0.7%	555	$3K	0.0%	up 15
542	Babson College	Massachusetts	$2K	0.1%	425	$78K	−97.4%	down 117
542	State University of New York, College at Brockport, The	New York	$2K	0.1%	—	—	new	—
542	State University of New York College, Oswego	New York	$2K	0.1%	564	$1K	+100.0%	up 22
542	Fitchburg State University	Massachusetts	$2K	1.3%	—	—	new	—
542	Northeastern State University	Oklahoma	$2K	0.2%	—	—	new	—
542	Whitworth University	Washington	$2K	0.4%	—	—	new	—
542	Palo Alto University	California	$2K	0.4%	561	$2K	0.0%	up 19
549	Montclair State University	New Jersey	$1K	0.0%	481	$26K	−96.2%	down 68
549	Winthrop University	South Carolina	$1K	0.0%	535	$7K	−85.7%	down 14
549	New York Institute of Technology	New York	$1K	0.0%	442	$60K	−98.3%	down 107
549	Coppin State University	Maryland	$1K	0.3%	514	$13K	−92.3%	down 35
549	State University of New York College, Oneonta	New York	$1K	0.4%	548	$4K	−75.0%	down 1
549	East Central University	Oklahoma	$1K	0.2%	564	$1K	0.0%	up 15
All 554			$6.4B

FY2023 rank and FY2023 business are the same institution a year earlier. A dash means it did not report in FY2023.

Rank is a competition rank: two institutions that spent the same share a rank and the next one is skipped. Figures are NSF's own, as revised in the FY2024 release, and are shown to one decimal. How these numbers are built.

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Data: NSF HERD FY2024, published December 23, 2025. Page updated October 9, 2026.

Data: National Center for Science and Engineering Statistics, National Science Foundation, Higher Education Research and Development Survey, FY2024.

Carnegie Classification of Institutions of Higher Education is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.