UT System institutions surpass $4 billion in research for FY 2023

AUSTIN, TEXAS - The University of Texas System invested $4.3 billion in research in FY 2024, up ten percent from FY 2022, ranking UT System #2 nationally for research expenditures among higher education institutions and systems.

This spring, multiple UT institutions announced significant fiscal year 2023 research milestones. The UT MD Anderson Cancer Center led among UT institutions with $1.1 billion in research expenditures, followed closely by UT Austin, which surpassed $1 billion in annual research expenditures for the first time in its history - a 25 percent increase from FY 2022.

UT San Antonio also achieved a new research record, topping $152 million, while UT El Paso grew its expenditures to $145.7 million, a 12 percent increase from the previous year.

UT Rio Grande Valley produced nearly $78 million in research expenditures in FY23, a jump of almost 28 percent, marking significant progress toward reaching Carnegie R1 status in research.

To learn more about UT System institutions' research expenditures and their collective impact, please visit https://dashboard.utsystem.edu/data-index/research-techtransfer.