January 7, 2011
Texas Tech University last year tallied its highest-ever research activity, with more than $120 million in expenditures.
In 2008, that number was about $60 million.
Sustaining such growth could soon unlock a treasure trove of new state research dollars known as the National Research University Fund.
The university, with another year like 2010, could qualify for the fund within the next two years, which should begin paying the state's emerging research schools anywhere from $5 million to $10 million from the endowment's roughly $500 million reserve.