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IU first in Big Ten, 13th in nation in private sector support
By Barbara Coffman
IU ranks first in the Big Ten, third among all public universities and 13th among all institutions of higher education in the nation in the amount of support it receives from the private sector.

This is the second time that IU has ranked first in the Big Ten. IU has placed in the top 20 among all institutions for 13 of the last 15 years.

IU received $248.5 million in gifts and non-governmental research grants in fiscal year 2004, putting it among the top 1.3 percent of institutions nationwide. The rankings are compiled annually by the Council for Aid to Education, and 971 institutions participated in the survey this year.

“In addition to extraordinary support from individual and corporate donors, IU’s outstanding faculty received a record amount of non-governmentally funded research grants during the 2004 fiscal year,” said IU President Adam Herbert. “We are inspired by this recognition of IU’s institutional strengths and its capacity for even greater research and academic program excellence. We are deeply grateful for the generosity of our donors and grant-makers.”