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 News From the Field Faculty Retention Proves a Major Challenge for Universities

February 16, 2012
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Attracting and retaining the world's brightest students is on the mind of every university official. But a new, unprecedented study in the journal Science suggests leaders in higher education face an understated, even more pressing challenge: The retention of professors.
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Source Rensselaer Polytechnic Institute
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2012, its budget was $7.0 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
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