Mission Moment:
We are continuing to break expenditure records in our Run to R1 to attain the highest tier research university by 2027. In fiscal year 2023, we accumulated $141.3 million in Research and Development expenditures — a $31.3 million, or 28.4%, increase over the previous record we set in 2022.
Those figures represent just how focused we are on TXST’s research growth. For more context, TXST’s level of research spending in 2018 was just $64.3 million. We are now sitting at a remarkable 118.6% increase over that span. Our faculty members are creating knowledge and solutions with their research and our students are learning valuable skills in the process. We invest in building our research enterprise to ensure students are immersed in rich research environments so they are better prepared for successful careers, they graduate on time, and they get jobs.
As we achieve Carnegie R1 status, it will provide TXST with more resources and further the university’s positive impact on the state and beyond.
Read more about our research growth in fiscal year 2023 in the release.