Research funding at USC College has risen 30 percent in the past three years to nearly $67 million, with the most significant gains in grants from corporations and foundations.
Through the efforts of the College research and advancement offices, private funding from corporations and foundations more than doubled in the past three years to a total of $15 million awarded in fiscal year 2007.
New faculty activity helped, too. Of the $66.9 million total, $7.7 million came as contracts and grants to College faculty hired since 2004.
“USC College is attracting a higher quality of researcher than ever before,” said Michael Quick, executive vice dean for academic affairs. “And they’re arriving with active research profiles.”
Annual federal funding has spiked by 21 percent since 2004 to $47.3 million. However, reflecting the national trend, federal funding now makes up a smaller slice of the pie. In 2004, federal grants represented 77 percent of the College’s annual awards. It now represents 71 percent.
Quick was pleased with the overall increase, especially in light of the heightened competition for federal funding. Just a few years ago, the National Institutes of Health would fund one in four grant proposals. Now, the government agency funds about one in 10 proposals, Quick said.
“Federal funding has really gotten grim,” Quick said. “One would expect to see a drop in overall College funding from federal sources, but it’s still going up, so that’s great.”
Quick praised the faculty.
“When we see how successful our faculty is at getting these grants in such a competitive environment — it’s the highest accolade they can get.”
The College has also added staff members to its development and research offices who work closely with professors seeking grants.
The faculty members awarded the largest individual grants in the fiscal year 2006–07 are: