Top 25 Universities In The United States Spending The Most On Research And development (R&D), 2014

With $2.24 billion in R&D spending in 2014, Johns Hopkins University in Baltimore ranked No. 1 overall among universities and colleges in the United States spending the most on research and development, according to the latest numbers from the U.S. National Science Foundation.

University of Michigan came in second with $1.34 billion, followed by the University of Washington, with $1.17 billion in expenditures.

Six other schools joined Hopkins and Michigan in fiscal 2014 in the billion-dollar club. They were, in order, the University of Washington, the University of Wisconsin, the University of California at San Francisco, the University of California at San Diego, and Duke University.

The largest funding source for university research and development (R&D) is the federal government. Every institution surveyed spent $67 billion on research in 2014 collectively, an almost $20 billion increase since 2005.

Top 25 Universities In The United States Spending The Most On Research And development (R&D), 2014

1. Johns Hopkins University
Total R&D expenditures: $2.24 billion

2. University of Michigan
Total R&D expenditures: $1.34 billion

3. University of Washington, Seattle
Total R&D expenditures: $1.17 billion

4. University of Wisconsin-Madison
Total R&D expenditures: $1.10 billion

5. University of California, San Francisco
Total R&D expenditures: $1.08 billion

6. University of California, San Diego
Total R&D expenditures: $1.06 billion

7. Duke University
Total R&D expenditures: $1.03 billion

8. University of North Carolina at Chapel Hill
Total R&D expenditures: $989 million

9. Stanford University
Total R&D expenditures: $959 million

10. University of California, Los Angeles
Total R&D expenditures: $948 million

11. Harvard University
Total R&D expenditures: $933 million

12. Massachusetts Institute of Technology (MIT)
Total R&D expenditures: $908 million

13. Columbia University in the City of New York
Total R&D expenditures: $890 million

14. Cornell University
Total R&D expenditures: $883 million

15. University of Minnesota, Minneapolis
Total R&D expenditures: $76 million

16. University of Pittsburgh, Pittsburgh
Total R&D expenditures: $856 million

17. Texas A&M University, College Station
Total R&D expenditures: $854 million

18. University of Pennsylvania
Total R&D expenditures: $828 million

19. Ohio State University
Total R&D expenditures: $815 million

20. Pennsylvania State University, The, University Park and Hershey Medical Center
Total R&D expenditures: $800 million

21. University of Texas M.D.Anderson Cancer Center
Total R&D expenditures: $794 million

22. Yale University
Total R&D expenditures: $772 million

23. University of California, Berkeley
Total R&D expenditures: $744 million

24. Georgia Institute of Technology
Total R&D expenditures: $725 million

25. University of California, Davis
Total R&D expenditures: $711 million