$1.63 billion
Annual R&D expenditures
(Indicator Number: 4.1.1)
Vision 2030 Priority: Research ↗
Vision 2030 Goal: Total extramural R&D funding achieved by USM annually
What It Measures: Annual research and development expenditures for both federal and non-federal expenditures
Data Timing: The latest data available is from CY 2023, last updated October 2025.
Value Comparison: When comparing this value for improvement and benchmarks, a higher value is better.
Data Source For Indicator Value: NSF Higher Education Research and Development (HERD) Survey
2025 Target
$1.46 billion
$1.63 billion is currently above the target
$1.46 billion
$1.63 billion is currently above the target
Baseline
$1.32 billion
(FY 2021)
$1.63 billion is currently above the baseline
$1.32 billion
(FY 2021)
$1.63 billion is currently above the baseline