{"id":201650,"date":"2024-08-12T10:43:08","date_gmt":"2024-08-12T20:43:08","guid":{"rendered":"https:\/\/www.hawaii.edu\/news\/?p=201650"},"modified":"2024-08-13T16:56:04","modified_gmt":"2024-08-14T02:56:04","slug":"extramural-funding-record-fy-2024","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2024\/08\/12\/extramural-funding-record-fy-2024\/","title":{"rendered":"UH<\/abbr> breaks extramural funding record with $615.7M<\/abbr> in 2024"},"content":{"rendered":"
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The University of Â鶹´«Ã½<\/span> set another extramural funding record with $615.7 million in fiscal year 2024 (FY<\/abbr> 2024). This marks the third consecutive year that UH<\/abbr> has topped half a billion dollars in funding with a record-setting total that is a $99.8 million or a 19.3% increase over UH<\/abbr>\u2019s previous record of $515.9 million set in FY<\/abbr> 2023<\/a>.<\/p>\n

Extramural funding is external investments from external agencies such as the federal government, industry and non-profit organizations that support research and training activities conducted by university faculty and staff. Extramural projects support research and innovation that helps to increase the knowledge base and provide solutions that impact the quality of life across Â鶹´«Ã½<\/span> and beyond.<\/p>\n

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UH<\/abbr> leaders and faculty join congressional and state leaders to announce UH<\/abbr>‘s record extramural funding for FY<\/abbr> 2024.<\/figcaption><\/figure>\n

“Setting back-to-back-to-back records in extramural funding is truly an impressive achievement for the University of Â鶹´«Ã½<\/span> and our state,” said UH<\/abbr> Vice President for Research and Innovation<\/a> Vassilis L. Syrmos. “Our faculty, staff and students have once again answered the call with their hard work and dedication to grow the UH<\/abbr> research enterprise, and at the same time, helping us to serve as a major contributor to Â鶹´«Ã½<\/span>\u2019s economy.”<\/p>\n

Syrmos noted that UH<\/abbr> research expenditures contribute to Â鶹´«Ã½<\/span>\u2019s economy through business sales, employee earnings, state tax revenue and job creation; and serves as the main component in the diversification of the state\u2019s economy.<\/p>\n

Based on the findings of a 2021 economic impact report published by the UH<\/abbr> Economic Research Organization<\/a>, $615 million in extramural funding is estimated to generate $947 million in total business sales, $434 million in employee earnings and $53 million in state tax revenue, and is currently supporting over 10,000 jobs (UH<\/abbr> and RCUH<\/abbr> employees)<\/p>\n

“This steadily increasing investment in UH<\/abbr> by external organizations, now totaling well over $1.5 billion dollars in the past three years, demonstrates global recognition of the greatness of Â鶹´«Ã½<\/span>\u2019s public higher education system,” said UH<\/abbr> President David Lassner. “Every one of these dollars is a testament to the intellectual capacity and capability of our entire UH<\/abbr> community to address the challenges and opportunities facing Â鶹´«Ã½<\/span> and our planet.”<\/p>\n

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UH<\/abbr> Hilo was awarded $2.3 million of a first-of-its-kind, $6.6 million grant to lead a three-university consortium to establish a National Native American Language Resource Center. (Photo credit: ʻŌiwi<\/span> TV<\/abbr>, Bryson Hoe)<\/figcaption><\/figure>\n

UH<\/abbr> M\u0101noa<\/a>, UH<\/abbr>\u2019s flagship university, led the extramural award amounts this year with $464.9 million. The UH<\/abbr> System<\/a> brought in $71.2 million, UH<\/abbr> Community Colleges<\/a> totaled $51.1 million, UH<\/abbr> Hilo<\/a> received $22.6 million and UH<\/abbr> West Oʻahu<\/span><\/a> totaled $5.9 million.<\/p>\n

“State appropriations provide a foundation for the strong research enterprise that allows us to bring in even more resources, enabling us to do so much more for Â鶹´«Ã½<\/span> than we could do with General Funds and tuition alone,” said Lassner.<\/p>\n

Examples of UH<\/abbr> programs that attracted the attention of funders:<\/p>\n