Research expenditures by university in New Mexico, FY2024
6 institutions in New Mexico reported to the NSF HERD survey in FY2024, and together they spent $582.9 million, 0.5% of the US total. University of New Mexico, The leads at $354.9 million — #97 nationally, more than 2 times New Mexico State University's $142.9 million. 5 spent more than in FY2023 and 1 spent less. The list runs down to Northern New Mexico College at $432 thousand; every name on it links to that institution's own page.
- Institutions
- 6
- FY2024 R&D
- $582.9 million
- Share of the US total
- 0.5%
Universities in New Mexico ranked, FY2024
| In New Mexico | Institution | US rank | FY2024 R&D | Change on FY2023 | Rank change |
|---|---|---|---|---|---|
| 1 | University of New Mexico, The | #97 | $354.9M | +12.3% | up 4 |
| 2 | New Mexico State University | #162 | $142.9M | +13.1% | up 5 |
| 3 | New Mexico Institute of Mining and Technology | #194 | $79.9M | −32.7% | down 25 |
| 4 | New Mexico Highlands University | #492 | $4.1M | +17.5% | up 7 |
| 5 | Eastern New Mexico University, Portales | #751 | $753K | +91.1% | up 66 |
| 6 | Northern New Mexico College | #828 | $432K | +63.6% | up 39 |
| All 6 | $582.9M | ||||
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, 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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