Academic institutions spent $97.8 billion on R&D in FY 2022, an increase of $8.0 billion in current dollars from FY 2021. Federal sources funded almost $54 billion (55%) of the total and accounted for $4.9 billion of the year-over-year increase. Academic R&D expenditures in all science fields combined increased by $5.9 billion (8.4%) in FY 2022. The data in this report are from the Higher Education Research and Development (HERD) Survey, sponsored by the National Center for Science and Engine...| ncses.nsf.gov