News Release 16-045
Federal research funding up 6 percent in FY2014
Obligations for both basic and applied research rise
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Obligations for basic research, which focuses on fundamental scientific exploration, increased 6 percent, to $31.6 billion. Obligations for applied research, which focuses on gaining knowledge or understanding for to meet a specific need, also increased by 6 percent, to $31.3 billion.
Credit: ©iStock.com/Krystian Nawrocki
Obligations for basic research, which focuses on fundamental scientific exploration, increased 6 percent to $31.6 billion. NCSES InfoBrief 16-311 provides a breakdown for the top six agencies that provided those obligations.
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