Research Brings More Dollars
Published on October 20, 1993
SPONSORED RESEARCH BRINGS ADDITIONAL DOLLARS TO OHIO STATE COLUMBUS -- At a time when many revenue sources for The Ohio State University were nearly flat, sponsored research activity rose 15 percent in 1992-93 over the previous year. Sponsored research spending increased to $188,566,855 during the period of July 1, 1992, to June 30, 1993, from $163,934,890 during the previous 12 months, according to Ohio State's annual research report. Approximately 7,400 employees worked on sponsored projects, including about 2,300 graduate students. Edward F. Hayes, vice president for research, pointed out that an important trend in these figures was a significant rise in the funding awards from the two federal agencies which support basic research. University scientists enjoyed a 25 percent increase in funds awarded by the National Science Foundation. Awards totaled $19,483,871 for 230 new and continuing projects in 1992-93. Awards totaled $15,579,797 in 1991-92. Funding from the Department of Health and Human Services, which oversees the National Institutes of Health, increased by 11.5 percent to $46,629,525 for 288 research projects in 1992-93. Awards totaled $41,826,545 the previous year. "The increase in awards from the National Science Foundation and the National Institutes of Health is an indicator of the quality of our faculty," Hayes said. "It is especially significant since the increases have been achieved at a time when basic research budgets have shown only modest growth. "These awards play a pivotal role in the education of our students by providing financial support and research experience for both graduate and undergraduate students." Hayes also emphasized that research funding from federal agencies and from private industry not only extends knowledge and develops new technology, but it lays the groundwork for economic growth and infuses millions of dollars into Ohio's economy. "Ohio State generates more money in research funding than any other university in the state," he said. "Our talented faculty and staff members are critical to the state of Ohio continuing to earn its share of federal and private research dollars." # Contact: Edward F. Hayes, (614) 292-1582. [Submitted by: REIDV (firstname.lastname@example.org) Wed, 20 Oct 93 09:57:26 EST] All documents are the responsibility of their originator.