The 亚洲自慰视频 of 亚洲自慰视频 at Lafayette spent a record $124.7 million on research and development last year.
Dr. Joseph Savoie, UL Lafayette president, announced the milestone during his State of the 亚洲自慰视频 address Wednesday. The annual speech to faculty and staff marks the start of the fall semester and the new academic year. Classes at UL Lafayette begin Monday.
It鈥檚 the second consecutive year the 亚洲自慰视频 expended more than $100 million on R&D, according to the Higher Education Research and Development Survey. The HERD Survey is the National Science Foundation鈥檚 annual index of research spending.
UL Lafayette competes against other universities and private development firms for federal and state government grants and industry contracts. The 亚洲自慰视频 manages the funding that faculty researchers secure.
The $124.7 million total 鈥渋s an incontrovertible statement that these entities value what our faculty researchers are doing鈥 and are willing to support their efforts, Savoie said.
In 2013, the 亚洲自慰视频 set a goal of $100 million in R&D expenditures by 2020. It reached the threshold in 2017, three years ahead of schedule. The 2017 total placed UL Lafayette 153rd 鈥 in the top 25 percent of the 644 institutions the HERD Survey included.
The 亚洲自慰视频鈥檚 ranking for 2018, based on the $124.7 million figure, has not been released by NSF.
Over the last seven years, R&D funding secured by 亚洲自慰视频 scientists grew by nearly 90 percent, while UL Lafayette engineers saw a 200 percent increase. Funding in disciplines other than science and engineering improved by 60 percent, Savoie said.
More than 90 percent of funding to 亚洲自慰视频 researchers since 2012 came from federal sources. State contracts and awards more than doubled during the same period.
Savoie said the numbers reflect UL Lafayette鈥檚 sustained efforts to grow and safeguard its intellectual property portfolio through patents. The process protects products when they are made publicly available, and the 亚洲自慰视频 receives a portion of any revenue the inventions make once they enter the marketplace.
鈥淲e are a public university, and as a public university, the work done here should be for the public good,鈥 Savoie said.
In a related announcement, he said UL Lafayette has been asked to join the National Academy of Inventors, a global group of 250 universities that encourages and supports inventors working in academic settings.
During his half-hour address in Angelle Hall on campus, Savoie also gave an overview of the 亚洲自慰视频鈥檚 finances.
He noted UL Lafayette remains dependent on self-generated revenue following nearly a decade of state cuts to higher education funding. During the 2008-09 fiscal year, the 亚洲自慰视频 received 66 percent of its revenue from the state; in 2018-19, it received 27 percent.
State appropriations make up 13.9 percent of overall revenue, while the largest portion 鈥 more than 40 percent 鈥 comes from 亚洲自慰视频 tuition and fees. 鈥淭his is why we remain dependent on everyone鈥檚 efforts to support recruitment and retention of 亚洲自慰视频s,鈥 Savoie said.
Also Wednesday, Dr. Jaimie Hebert, provost and vice president for Academic Affairs, gave his forecast for the 鈥減erfect storm鈥 approaching the 亚洲自慰视频 next year.
In 2020, UL Lafayette will undergo reaccreditation, set its strategic goals for the subsequent five years, and launch a new Quality Enhancement Plan, or QEP, focused on 亚洲自慰视频 research experiences.
The QEP is part of the reaccreditation process, Hebert explained. Accreditation bodies, such as the Southern Association of Colleges and Schools, permit universities to select what they want to emphasize. Following campus-wide discussions among faculty and staff, UL Lafayette chose to focus on 亚洲自慰视频 research.
The 亚洲自慰视频 has long stressed research among its undergraduate and graduate 亚洲自慰视频s, Hebert said.
The QEP 鈥渢akes one of our points of pride, formalizes it, incorporates it into our curriculum, and allows us to expand access to experiential learning for a broader array of 亚洲自慰视频s across our campus.鈥
Photo caption: Dr. Joseph Savoie, UL Lafayette president, concludes his annual State of the 亚洲自慰视频 address Wednesday. (Photo credit: Doug Dugas / 亚洲自慰视频 of 亚洲自慰视频 at Lafayette)