Grant funding at OSU reaches all-time high

Tuesday, August 24, 2010

Oklahoma State University received a record $136.3 million in grants and contracts during fiscal year 2010.  The Stillwater campus received $106.4 million, while the branch campuses took in $29.9 million. The system-wide total is up 10 percent from last year. 

“Our record grant funding is a tribute to the hard work and dedication of our faculty and staff,” said OSU President Burns Hargis.  “As OSU works to fulfill its land-grant mission of teaching, research and outreach, these grants provide the resources to help OSU make important contributions to our state and world.” 

Research-only awards exceeded $79 million for FY10 – a dramatic 40 percent increase over the previous year and the largest single-year increase in OSU’s history.  OSU’s University Multispectral Laboratories in Ponca City also posted record numbers acquiring more than $14 million in contracts, which is more than triple its 2009 revenue of $4.4 million and a 40 percent increase over projections.  

“These record numbers demonstrate the wonderful efforts of OSU’s faculty and partners in difficult economic times,” said Steve McKeever, OSU VP for research and technology transfer.  “The award of grants and contracts helps to give our students the first-class education that they can expect from Oklahoma State University and enables them to participate in cutting-edge and exciting research and education programs.”