Research expenditures by university in North Carolina, FY2024

22 institutions in North Carolina reported to the NSF HERD survey in FY2024, and together they spent $4.7 billion, 4.0% of the US total. University of North Carolina at Chapel Hill, The leads at $1.6 billion — #11 nationally, ahead of Duke University at $1.6 billion. 15 spent more than in FY2023 and 6 spent less, and one more reported for the first time. The list runs down to Shaw University at $452 thousand; every name on it links to that institution's own page.

Institutions
22
FY2024 R&D
$4.7 billion
Share of the US total
4.0%

Universities in North Carolina ranked, FY2024

The 22 institutions in North Carolina ranked by total research and development expenditures, NSF HERD FY2024.
In North CarolinaInstitutionUS rankFY2024 R&DChange on FY2023Rank change
1University of North Carolina at Chapel Hill, The#11$1.6B+3.2%down 2
2Duke University#13$1.6B+4.8%down 2
3North Carolina State University#52$717.0M+13.2%up 1
4Wake Forest University#101$344.5M+11.5%up 2
5University of North Carolina at Charlotte, The#181$94.9M+3.1%down 1
6North Carolina A&T State University#192$81.8M+31.4%up 15
7University of North Carolina at Greensboro, The#199$77.4M+27.6%up 14
8East Carolina University#206$72.5M+8.1%down 4
9University of North Carolina at Wilmington, The#304$22.7M+3.6%down 6
10North Carolina Central University#324$16.2M−1.2%down 1
11Winston-Salem State University#349$12.7M+45.9%up 28
12Appalachian State University#360$11.3M+33.2%up 20
13University of North Carolina at Asheville, The#451$5.7M−16.0%down 44
14Davidson College#481$4.5M+54.6%up 39
15Fayetteville State University#495$3.9M+10.3%up 1
16Elon University#541$3.0M+17.8%up 3
17Western Carolina University#580$2.3M−8.3%down 35
18University of North Carolina, general administration#655$1.4M−75.5%down 222
19Elizabeth City State University#692$1.1M−34.3%down 84
20High Point University#702$1.0Mnew
21Johnson C. Smith University#708$936K−41.6%down 95
22Shaw University#822$452K+9.7%down 9
All 22$4.7B

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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