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130998 1 (1986-09-16)

handle is hein.gao/gaobactty0001 and id is 1 raw text is: 





             United States General Accounting Office

                     Washington, D.C.  20548



              ll   l11FOR RELEASE ON DELIVERY

                                   EXPECTED AT 9:30 A.M.
          130998
                                   TUESDAY, SEPTEMBER 16, 1986



                          STATEMENT OF

               SARAH P. FRAZIER, ASSOCIATE DIRECTOR

               RESOURCES, COMMUNITY, AND ECONOMIC

                      DEVELOPMENT DIVISION

                           BEFORE THE

            HOUSE COMMITTEE ON SCIENCE AND TECHNOLOGY

                               ON

                      UNIVERSITY FINANCES:

               RESEARCH REVENUES AND EXPENDITURES



Mr. Chairman and Members of the Committee:

     We are pleased to be here to discuss our recently issued

report, University Finances:  Research Revenues and Expenditures

(GAO/RCED-86-162BR, July 11, 1986)  that was requested by this

Committee.  Because the United States relies on universities for

the training of scientists and engineers and for half the

nation's basic research, the financial condition of these

institutions and their capacity to carry out their missions are

of vital concern.  Our report examines how federal funding for


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