Federal Funding Drops at Iowa State University

Posted at: 07/18/2013 10:44 AM

AMES, Iowa (AP) - Mandated federal spending cuts have cost Iowa State University millions of dollars.
The Des Moines Register says total external funding for Iowa State dropped 9 percent over the year, to $326.4 million.
Federal funding was down 17 percent, but that decline was partially offset by funding increases from private sources.
The University of Iowa last week said it had received $424 million in external funding over the past year, a 3.2 percent decline.
Information from: The Des Moines Register, http://www.desmoinesregister.com
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7/18/2013 5:39:37 AM (GMT -5:00)