Figure 3 shows the funding rate for all principal investigators over time. The X axis is fiscal year from 2003-2017, while the Y axis is the percentage of principal investigators from 30-45. The graph provides an additional description of how to calculate funding rate, which is to multiply 100 by the number of awardees divided by the number of applicants. Further, there is an arrow pointing to the 2016 data point indicating that the curve has turned with recent budget increases.
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