11-13-09: Higher Ed Environment: Millions in stimulus money goes toward university grants

Area universities have obtained grants totaling more than $190 million from the American Reinvestment and Recovery Act.

The single largest local recipient of recovery money is the University of Pennsylvania, which has been awarded 293 grants totaling $163 million.

Drexel University was awarded 43 grants totaling $14.2 million and Temple University received 39 grants totaling $12.2 million.

The number and amounts of grants received is likely to grow, possibly dramatically. Penn applied for 1,403 grants totaling $980 million.

http://philadelphia.bizjournals.com/philadelphia/stories/2009/11/16/focus3.html