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University reports $354 million in research funds

University reports $354 million in research funds

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SALT LAKE CITY (AP) -- Officials at the University of Utah say they collected more than $350 million in research funds for the 2009 fiscal year.

They say that's a record -- and a 16 percent jump over last year.

The tally, which includes money collected through June 30, 2009, will help pay for scientific, engineering and medical research at the university.

Of the $354 million, only about $1.5 million came from the federal stimulus package. School officials say the increase in funding came from several other sources, including the National Science Foundation, the National Institutes of Health and grants from industries, associations and foundations.

Tom Parks, the university's vice president for research, said the income boost came during the most competitive period of the last 25 years.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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