Acadiana Business Advocate

Thursday, August 17th, 2023

UL eclipses huge milestone in research spending

by Adam Daigle | Acadiana business editor

Good morning, Acadiana business news readers. Let's get to the headlines.

The University of Louisiana at Lafayette has eclipsed the $200 million mark for annual research and development spending for the first time in its 125-year history.

The National Science Foundation’s Higher Education Research and Development Survey, the annual index of research and development spending, reported that UL expended $205.2 million for R&D in academic year 2022, 13% more than the $181.4 million in 2021.

Check out the story here.

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