Get the latest tech news
How Medical Research Cuts Would Hit Colleges and Hospitals in Every State
Changes to a key funding formula will reduce research grants at hospitals and universities by billions — and may discourage future research.
proposal, which has been put on hold by a federal court, aims to reduce funding for those indirect costs to a set 15 percent rate that the administration says would save about $4 billion a year. announcement, however, coincides with the Trump administration’s moves to cut spending across the government, and with the N.I.H.’s withholding of funding for grants — their direct and indirect costs alike — in apparent conflictwith separate court orders. announcement also noted that these same institutions often accept grants from charitable foundations that offer much lower overhead rates than the federal government, a signal that universities and hospitals willingly pursue research opportunities with less supplemental funding.
Or read this on Hacker News