Annual Research Expenditure Report
Montana State University research and creative activity demonstrates impact on the state’s and the world’s pressing challenges through application of our discoveries in communities, industry, and organizations.
MSU Research Expenditures 2014-2024
FY24 Expenditures by Federal Agency
Funding sources: Federal 90% Private 8%, State 2%
FY24 RED Investments
(includes Institutional Research Support)
Sponsored Program Expenditures: $200,602,849
Average IDC Rate Collected: 19.71%
IDCs Invested: $33,022,721
* IDCs=Indirect Costs ( also known as F&As or Facilities and Administration Costs)
What's in the Buckets?
Faculty Support
12%
Faculty Support
12%
$3,855,414
Bridge Funding
Faculty Startup
Other Research Support
IRD Support
Colleges, Centers / Institutes, Core Facilities Support
28%
Colleges, Centers / Institutes, Core Facilities Support
28%
$9,402,214
Colleges & Other Research Units
Centers & Institutes
Operational Support
Core Facilities Support
Institutional Match
Other Program Support
Internal Awards
2%
2%
$710,197
HASS Awards
REF Grants
S&C Grants
Core Grants
PEG Grants
Founders Day Awards
Building Expenses
42%
42%
$13,969,909
Campus Leases
Campus O&M
Overhead Costs
Off-campus Leases
Off-campus O&M
Renovation
Equipment
Building Reserve
Equipment Reserve
Building Loans
Fixed Expenses
15%
15%
$5,084,987
Legislative Audit
Memberships/ Dues/ Fees
RED Operations Support
Operations Reserve