[ Back to EurekAlert! ] Public release date: 14-May-2009
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Contact: Dana W. Cruikshank
dcruiksh@nsf.gov
703-292-7738
National Science Foundation

National Science Foundation requests $7.045 billion for fiscal year 2010

Increase allows for major investments in science and technology needed to meet nation's challenges and opportunities

National Science Foundation (NSF) Director Arden L. Bement, Jr. today presented the agency's proposed $7.045 billion budget for fiscal year (FY) 2010, an 8.5 percent increase over its planned expenditures for FY 2009. The additional $555 million would increase funding for major investments in the scientific infrastructure, research endeavors and human capital.

"With this budget, the President makes it absolutely clear that science and engineering research and education are vital to the nation's future," Bement said in a presentation to the National Science Board. "NSF has a long history of success in supporting research with far-reaching impacts on the U.S. economy and the well-being of Americans."

The requested budget will also put the agency on a path to doubling its budget from FY 2006 to FY 2016, as envisioned in the President's Plan for Science and Innovation, which is designed to sustain the momentum for investing in science and innovation that was generated by the American Recovery and Reinvestment Act (ARRA) of 2009.

Several prominent initiatives and other key investments outlined by President Obama will receive increased support under the requested budget:

Bement ended his remarks to the NSB by stating that the nation needs "research and education in every scientific field to resolve America's greatest challenges. With a steady eye on the frontier, NSF will continue to support basic research across all fields and education at all levels to ensure that America remains a global leader in science and technology."

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