BP Gives Universities $25 Million To Study Oil Spill

06/16/2010 01:39 pm ET | Updated May 25, 2011

BP will give universities in Mississippi, Florida and Louisiana $25 million to study the effects and response of the oil spill, the Associated Press reports.

The grants are "the first in a $500 million commitment to study effects of the spill and response on environment and public health," according to a news release.

The studies will be provided with "baseline data" about oil and dispersant, the news release said.

The bulk of the money -- $10 million each -- will go to the the Northern Gulf Institute at Mississippi State University and the Florida Institute of Oceanography at the University of South Florida. Louisiana State University will receive the remainder.

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