The University of Maryland placed 11th nationally among public institutions and 18th overall in research and development spending in Fiscal Year 2023.
The University of Maryland advanced to No. 18 among all U.S. research institutions, maintaining top-tier status and moving up one spot in the National Science Foundation’s latest Higher Education Research and Development survey, the nation’s premier ranking of research universities.
According to the latest survey, released Nov. 25, the University of Maryland placed 11th nationally among public institutions and 18th overall in research and development spending in Fiscal Year 2023.
The University of Maryland, Baltimore (UMB) and the University of Maryland, College Park (UMCP) are linked as one research enterprise in the survey and reported combined research expenditures of almost $1.4 billion, a nearly $157 million increase from the previous fiscal year. This ranking again positions the University of Maryland among an elite group of academic powerhouses conducting research at or above $1 billion a year.
“This significant increase in research spending reflects the relentless dedication of our faculty, staff and students who continue to push the boundaries of discovery, innovation and creativity,” said Gregory F. Ball, PhD, vice president for research. “Our position among the top research institutions is not just a reflection of our academic excellence, but also a testament to the impactful, transformative work happening across our campus and our continued commitment to advancing knowledge, fostering collaboration and addressing the world’s grand challenges.”