The Trump Administration announced massive cuts to NIH indirect costs yesterday. The maximum indirect rate will now be 15%, slashing the rates our universities receive. Most universities are accustomed to receiving 45-65% on each grant.
https://grants.nih.gov/grants/guide/notice-files/NOT-OD-24-110.html
https://grants.nih.gov/grants/guide/notice-files/NOT-OD-24-110.html
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