ASU's meteoric research rise (IMAGE) Arizona State University Caption Whether exploring the interiors of planets, running the longest ecological study of a desert city, tracking virus variants of the COVID-19 pandemic, or helping people and robots work together, Arizona State University has become an innovation powerhouse of leading researchers and transdisciplinary schools making an impact on our local and global communities. With $677.7 million in expenditures in fiscal year 2021, ASU ranked No. 6 among 750 other institutions without a medical school, ahead of Carnegie Mellon University, Princeton University and the California Institute of Technology, according to the National Science Foundation Higher Education Research and Development rankings. NSF’s annual HERD survey collects and ranks research expenditure information from hundreds of institutions nationwide. Credit ASU Usage Restrictions No restrictions. License Public Domain Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.