University Funding: Federal Funding Mechanisms in Support of University Research.
GENERAL ACCOUNTING OFFICE WASHINGTON DC RESOURCES COMMUNITY AND ECONOMIC DEVELOPMENT DIV
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The nations universities play a vital role in advancing U.S. economic health by performing nearly half of its basic research that provides the foundation for technological progress. Federal funds support approximately two-thirds of this university-based basic research. As reported by the National Science Foundation, the federal government, in fiscal year 1984, expended approximately 5.5 billion at universities for research and development, of which approximately 4 billion was for basic research. The federal government transfer funds to universities and colleges through various funding mechanisms that support both research and the infrastructure of research major equipment and facilities, special training needs, and institutional support. A funding mechanism is a category of federal financial support or scientific research performed at and by U.S. universities. With the last decade concern has grown that the current array of funding mechanisms may not adequately provide for the continuity and stability of research, the modernized equipment, and the human resource needs to maintain the vital role the universities play in the nations research effort. This report provides information on federal funding of university research by presenting the array of funding mechanisms used by Federal agencies in funding such research.
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