Federal Funding for Science and Engineering Declined by $1B
“In FY 2013, federal agencies obligated $29 billion to 995 academic institutions for science and engineering (S&E) activities. This represents a 6% decrease in current dollars from the $31 billion obligated to 1,073 academic institutions in FY 2012. This is the third year in a row of declining S&E funding to academic institutions. These statistics …