Research Awards to Optometry Schools and Colleges Decrease
Direct costs awarded from July 1, 2023 – June 30, 2024 for research at ASCO member institutions declined approximately 12%, from about $40 million in 2022-23 to about $35.3 million in 2023-24, according to ASCO’s latest Research Survey Report. $18.8 million came from the National Eye Institute (down from $21.3 million), $9.8 million from industry (down from $12 million), and $2.3 million from private foundations (down from $2.7 million.) Approximately $14.4 million in direct costs was awarded for research in basic science (down from $16 million), $11.9 million for research in clinical science (up from $9.7 million) and $8.2 million for research in translational science (down from $12.8 million).
The complete report was distributed to the ASCO Board of Directors in December and includes total awards by school and information about faculty and facilities devoted to research.