External funding for research and sponsored programs at The University of Southern Mississippi totaled $72,976,047 for fiscal year 2015 – a 24.1 percent increase from the previous year.
Primary funding for FY 2015, which covers the time period of July 1, 2014 – June 30, 2015, came from federal agencies (64 percent). Business and industry awarded the next largest percentage (25 percent). For FY 2014, Southern Miss received $58,790,269 in research and other sponsored program funding.