This is really bad. For what it’s worth, the logic the government cites is that universities often accept lower rates for non-federal grants, however, at UW-Madison, federal and non-federal grants pay the same rate.
Reposted from
Carl T. Bergstrom
1. Today the NIH director issued a new directive slashing overhead rates to 15%.
I want to provide some context on what that means and why it matters.
grants.nih.gov/grants/guide...
I want to provide some context on what that means and why it matters.
grants.nih.gov/grants/guide...
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Also you don’t pay overhead on capital which was nice, though I had to be very explicit when explaining to purchasing I was buying 1 cluster and not 200 computers.