TOP HEADLINE: Ohio State may lose approximately $47 to $49 million in federal research funding due to grant cuts made by the National Institutes of Health.
All NIH grants allocate a portion of their funding to “indirect costs,” which are used to pay research staff and maintain research facilities. Previously, the NIH negotiated these indirect cost rates on an individual basis, usually granting a higher rate to a larger institution. However, on Feb. 7, The NIH Office of the Director announced these indirect cost rates would be capped at a standardized 15% across all grants.
As a result, many large research institutions like Ohio State — which has been operating with a negotiated indirect cost rate of 57.5%, according to the university’s webpage — are expected to face significant funding losses. On the other hand, smaller institutions with lower negotiated rates stand to gain additional funding.
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📸 The National Institutes of Healt...