This topic was combined in the Public health thread but seems to need its own thread.
——
Deep Cuts to Medical Research Funds Could Hobble University Budgets
Grants from the National Institutes of Health come with additional money for overhead. Proposed funding cuts would leave colleges with large budget gaps.
Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.
www.nytimes.com
“The National Institutes of Health announced a new policy Friday to cap a type of funding that supports medical research at universities, a decision that most likely will leave many with a large budget gap.
The policy targets $9 billion in so-called indirect funds that the N.I.H. sends along with direct funds to support research into basic science and treatments for diseases ranging from cancer to Alzheimer’s to diabetes.
Currently, some universities get 50 percent or more of the amount of a grant in indirect funds to maintain facilities and equipment and pay support staff.
The new policy would cap those indirect funds at 15 percent.
“I think it’s going to destroy research universities in the short term, and I don’t know after that,” said Dr. David A. Baltrus, a University of Arizona associate professor whose lab is developing antibiotics for crops. “They rely on the money. They budget for the money. The universities were making decisions expecting the money to be there.” …”
——
I don’t think you can overstate the negative impact on the budgets of major research universities from this abrupt change …