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University of Iowa reports drop in outside funding

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The University of Iowa is reporting a dip in external funding for the budget year that just ended, reports the Cedar Rapids Gazette. Total UI external funding — including dollars accrued via research grants and philanthropic giving — dropped $3.7 million, from $557.7 million in the 2017 budget year to $554 million in the year that wrapped June 30. When looking at research funding alone, UI support dropped from $443.3 million last year to $434.5 million. The UI numbers come out as Iowa State University reported an increase an external giving.