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Victor McCrary

FY17 Annual Report CoverThe TREs in FY17 were $203 million, the largest amount in UT’s history. This benchmark amount reflects increases in institutional research funds, federal research expenditures (FREs), and UT’s business enterprise.

UT’s largest federal funder in FY17 was the Department of Energy, largely due to participation in IACMI–The Composites Institute. IACMI accounted for $21.6 million of the $22 million cost share reported by the UT Research Foundation and is the primary source of the increase in FY17 TREs.
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Fiscal Year 2018 Consolidated Appropriations Act (omnibus spending bill) was signed into law on March 23. This bill allowed for significant increases in funding to several federal organizations, many of which we do not anticipate extending to the next fiscal year. Though the bill was signed toward the end of March, these funds are only effective through September 30, 2018, at which time a new spending bill must be approved for FY19.

Faculty are highly encouraged to apply for funding now, while these resources are still available. This is an opportunity for the university—as well as your department and college—to show a substantial increase in funding for FY18. Together, we can increase UT’s discovery enterprise, elevate our standing as a research university, and enhance our reputation with funding agencies.
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