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 2015-2025
FY25 Expenditures by Federal Agency
FY25 Funding Sources:
Federal: 92%
State: 2%
Private: 6%
FY25 RED Investments
(includes Institutional Research Support)
Sponsored Program Expenditures: $229,310,267
Average IDC Rate Collected: 17.3%
IDCs Collected in FY25: $33,834,769
* IDCs = Indirect Costs (also known as F&As or Facilities and Administration Costs)
What's in the Buckets?
Research Administration & Operations (8%)
$2,874,499
Legislative Audit, Memberships Dues, Fees, & Research Operations
Internal Awards (4%)
$1,353,738
Research Collaborative Grants, Research Expansion Funds Grants, Scholarship & Creativity Grants, Proposal Enhancement Grant, Fulbright Awards, & Founders Day Awards
Faculty Support (15%)
$5,016,930
Bridge Funding, Faculty Startup, IRD Program, & Other Research Support
Colleges, Units, Centers & Institutes (27%)
$9,361,753
Colleges & Other Research Units, Centers & Institutes, Institutional Match, & Other Program Support
Research Infrastructure & Facilities (35%)
$12,082,613
Building Loans, Campus Leases, Campus O&M, Off-campus Leases, Off-campus O&M, Renovation, & Equipment
Research Security, Integrity & Compliance (3%)
$1,197,867
Research Security, Research Integrity & Compliance
Core Facilities (8%)
$2,802,267
Core Facilities, Core Facilities Grants, Core Facilities Operations