Loyola Research Funding Jumps 34%

News Archive November 23, 2010

Loyola Research Funding Jumps 34%

Funding boost includes 60% increase from NIH, fueled by federal stimulus money
MAYWOOD, Ill. -- The amount of competitive extramural research funding directly received by Loyola University Chicago Stritch School of Medicine and Marcella Niehoff School of Nursing increased 34 percent in fiscal year 2010 to $47.3 million. When research support at the adjacent Hines VA Hospital is included, the combined amount totals $64.7 million. The majority of Loyola's outside funding, $30.9 million, came from the National Institutes of Health. This amount is 60 percent higher than the NIH funding Loyola received in fiscal year 2009. (Loyola's fiscal year runs from July 1 to June 30.) NIH awards in fiscal year 2010 included $6.7 million in federal stimulus money, including $2.7 million for enhancing research computing facilities. So far in calendar years 2009 and 2010, faculty at Stritch School of Medicine and Niehoff School of Nursing have published more than 450 peer-reviewed papers in biomedical, nursing and health-care journals. "Despite these very difficult financial times, our faculty have been able to achieve an impressive growth in extramural funding and continued commitment to our graduate training programs," said Richard Kennedy, PhD, vice president for Health Sciences Research. "We are on track to meet our target of increasing research funding by 50 percent -- along with a concomitant growth in research training -- over the next five years."
Loyola University Chicago Stritch School of Medicine is located in a state-of-the-art educational facility on the campus of Loyola University Medical Center, 2160 S. First Ave., Maywood. The school, which provides instruction to 520 medical students, has been in the vanguard of institutions that have created new, active learning curricula to help students meet the challenges of 21st century health care. An estimated 8,000 to 9,000 students compete each year for 130 openings in the Stritch medical school's first-year class. In addition to the more than 500 students, Loyola's medical educational programs provide instruction and training to an estimated 400 residents and 100 fellows.
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