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News | 2 min read

VCU reaches $310 million record in sponsored research funding

October 7, 2019

Virginia Commonwealth University has raised a record $310 million in sponsored research funding for the 2019 fiscal year. The total of $310,216,377 represents a 14.6% increase from 2018, when VCU reached $271 million for sponsored research.

Among the drivers of growth for VCU in the recent fiscal year was nearly $90 million in funding from the National Institutes of Health, a 14% increase over the previous year. VCU also received $73.8 million for research from private funding and gifts and $46.9 million from the state.

Top VCU recipients of research funding, included VCU’s Center for the Study of Tobacco Products, which received a $19.78 million federal grant from the National Institutes of Health and the FDA Center for Tobacco Products to launch a five-year study predicting outcomes of government regulations of tobacco products, including e-cigarettes. The VCU School of Education’s teacher residency program received a $4.97 million grant from the U.S. Department of Education to expand the program and increase STEM training to teachers in elementary schools and special education programs.

Nationally, VCU currently ranks No. 54 for federally funded research among public universities and No. 67 for all research funding by public universities, according to the National Science Foundation. Overall, VCU has set institutional records in sponsored research 10 times in the past 12 years.

Read the full story here.