NOT-OD-25-068: Supplemental Guidance to the 2024 NIH Grants Policy Statement: Indirect Cost Rates
grants.nih.gov
NIH Funding Opportunities and Notices in the NIH Guide for Grants and Contracts: Supplemental Guidance to the 2024 NIH Grants Policy Statement: Indirect Cost Rates NOT-OD-25-068. OD

Explanation for nonscientists here: https://bsky.app/profile/carlbergstrom.com/post/3lhmtolcc6s2c

Sorry that bsky isn’t an official news source, but it hasn’t been appropriately/fully reported by any standard news source yet. I’ve linked the formal announcement. The ramifications are only really clear to those in science.

This will decimate US universities, full stop. Billions of dollars in guaranteed funds have just been pulled.

  • ibelieveicanfly@lemm.eeOP
    1·
    22 hours ago

    For any new grant issued, and for all existing grants to IHEs retroactive to the date of issuance of this Supplemental Guidance, award recipients are subject to a 15 percent indirect cost rate.

    From the NIH announcement.

    My university is slated to lose eight digits in budgeted and contractually obligated F&As. Virtually every university is gearing up to sue to NIH if NIH tries to withhold these contractually obligated funds like they say they’re going to.

    F&As cover things like hazardous waste disposal. Maybe to cut costs, we can just dump our hazardous chemicals in your backyard.

    • iceonfire1@lemmy.world
      1·
      19 hours ago

      Thanks for the quote, but it’s still not a cut to the grant itself.

      Believe it or not, I also think university research depts should continue to exist and that major budget shortfalls due to this are not in our best interest.

      Hope your abrasive remarks are making you feel better.