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Carolina research exceeds $1 billion annually for first time

UNC Old Well in the fall

UNC-Chapel Hill has surpassed, for the first time, $1 billion in annual research expenditures, according to the nation's annual Higher Education Research and Development survey. This news continues Carolina’s decade-long rise as one of the world's top universities for sponsored research.

The latest survey covers fiscal year 2016 and was released on Nov. 30. Carolina ranked 11th nationally among all research institutions in overall research and development expenditures, sixth nationally among public institutions, and sixth nationally in overall federal research and development.

"The sustained growth we have seen in our research enterprise since 2013 is a tribute to the excellence and dedication of the faculty, students and staff who are the heart of Carolina's research and training programs," said Chancellor Carol L. Folt.

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Michelle Maclay, Communications Director