External Funding at Ga. Colleges Increases $66M

ATLANTA (AP) - External funding for the University System of
Georgia increased nearly $66 million last fiscal year, in part because of an increase in federal research dollars.

Executive Vice Chancellor Susan Herbst said Tuesday during a meeting of the state Board of Regents that the 35-campus system drew $906 million in what's known as extramural funding in the fiscal year that ended June 30. Herbst said the system received $704 million in research money, $120 million for public service programs and $81 million for instruction.

Five universities in the state produced $21 million in income from inventions, software, copyrights and trademarks, an increase of 51 percent from the fiscal year 2007. Those institutions are the University of Georgia, Georgia State University, Georgia Tech, Medical College of Georgia and Georgia Southern University.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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