OK University's External Funding for Research Up $17M
Page, David, THE JOURNAL RECORD
External funding for research and sponsored programs in the University of Oklahoma increased $17 million for the fiscal year.
Funding for the year totaled a record $239 million.
"This record-breaking year in research underlines the role of OU as a principal engine for economic growth for our entire state," said David L. Boren, OU president. "This research growth leads ultimately to the creation of higher-paying jobs in our state and encourages our young people to stay in Oklahoma."
OU also announced another commitment from an outside source on Wednesday.
Lew and Myra Ward of Enid donated $500,000 for an endowed faculty position in OU's new College of Earth and Energy.
OU increased research spending from $92 million in 1994 to $239 million this year.
"The growth in sponsored programs expenditures across the board on the Norman and Health Sciences campuses and the College of Continuing Education is a testament to the breadth and depth of excellence found at OU," said Lee Williams, vice president of research on the Norman campus. "In particular, the growth in areas that directly feed into economic development, such as our weather and health sciences programs, is particularly gratifying."
Research programs include weather, genomics, chemistry, health sciences, nanosciences, and applied social research.
OU is setting higher fundraising goals.
On Wednesday, the goal for OU's Campaign for Scholarships was doubled to $100 million, with a focus on further increasing scholarship endowments.
"The generosity of our donors is helping OU realize its goal of making sure that no qualified, hard-working student is ever turned away from our university because of financial need," Boren said at the September meeting of the OU Board of Regents in Bartlesville.
"The record gifts in scholarships this past year underline OU's commitment to equal opportunity for all students," Boren said. …