The total volume of research at U-M was $1.31 billion in the fiscal year that closed June 30, 2014, just below the record high of $1.33 billion from the previous year.

“Research is closely tied to the educational process and thus central to the university’s ability to prepare both undergraduate and graduate students for the roles they will play as innovators in a wide range of fields,” said S. Jack Hu, U-M interim vice president for research. “Last year’s results show that U-M remains among the top research universities in the world.”