 In 2018, the University of Toronto was named the top research university in Canada by Research Infosource, with a sponsored research income (external sources of funding) of $1,147.584 million in 2017.In the same year, the university's faculty averaged a sponsored research income of $428,200, while graduate students averaged a sponsored research income of $63,700.The federal government was the largest source of funding, with grants from the Canadian Institutes of Health Research, the Natural Sciences and Engineering Research Council and the Social Sciences and Humanities Research Council amounting to about one-third of the research budget.