State of the University: UL Lafayette sets new record for R&D expenditures
The University of Louisiana at Lafayette’s research and development expenditures last year set a record at $164 million.
The total marks an “incredible” 165% increase in R&D spending at UL Lafayette in seven years, Dr. Joseph Savoie announced Wednesday during the annual State of the University address.
“We’ve had banner years throughout the past decade – and it looks like we’ll need to invest in bigger banners, because we’ve done it again,” the University president said.