A lot of federal stimulus money is starting to roll into the University of Michigan, and more is on the horizon.
The university just passed the $100 million mark last week for federal stimulus money, which is up nearly $40 million in a little over a month. And a lot more federal stimulus research grants are expected to migrate into university coffers.
"They just keep rolling in," says Jim Erickson, senior public relations officer for the University of Michigan. "Every couple days they come in.
Most of this money is coming from the stimulus money cache of the National Institutes of Health and National Science Foundation. One of the bigger grants is $19.5 million for a new U-M research center to explore new materials for solar cells.
More money is expected to come in throughout the rest of the year. Just how much is possible is unknown at the time, but Erickson guesses it will be a lot.
"We had a lot of faculty aggressively pursuing these [funds] Erickson says.
Source: Jim Erickson, senior public relations officer for the University of Michigan
Writer: Jon Zemke
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