Penn State’s $1.034B in research expenditures has broad, wide-ranging impact
Penn State reached a record $1.034 billion in research expenditures during fiscal year 2021-22, an overall 4.1% increase from the previous year. The funding, which comes from federal and state agencies, industry sponsors, private donors, the University and other sources, advances research innovations and enables Penn State faculty and students to push the boundaries of discovery, bringing experiences into the classrooms, and offering a world-class education to undergraduate and graduate students.