The president’s FY15 budget proposal for the National Science Foundation (NSF) would provide $7.3 billion (1.2 percent increase). Of that amount, $5.8 billion (no change) would be designated for research and related activities, $200.8 million (0.4 percent increase) for R&D facilities and equipment, and $889.8 million (5.2 percent increase) for education and training. Nearly 90 percent of NSF funding is awarded through a merit review process that includes distribution of grants and cooperative agreements.