UNC faculty received $792.7 million in research grants and contracts for the 2014 fiscal year, an increase of nearly $15 million from the year before.
“It’s not the accomplishment about the size of the dollars,” Chancellor Carol Folt said during the Board of Trustees meeting Thursday. “It’s the impact of that work.”
Folt said the increase in research dollars is significant in the competitive climate to receive funding.
“Our faculty’s work is being chosen to be the place to put the bet,” she said.
The National Institute of Health awarded $28 million to UNC’s Carolina Population Center for the continuation of the nation’s longest running study on the health of adolescents.
“You’re only funded for that length of time if you are constantly innovating and changing,” Folt said.
Susan Cates, executive director of the MBA@UNC program, spoke about its success in the past three years as a fully online MBA program run through the Kenan-Flagler Business School.
Students of MBA@UNC participate in the program from 47 states and 40 countries, she said.