Research Funding Bombshell: NIH's Radical Cut Could Cripple Scientific Innovation
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In a significant move that could reshape research funding, the National Institutes of Health (NIH) announced late Friday that it plans to dramatically reduce indirect cost support across its grant portfolio. The agency will now cap indirect cost reimbursements at 15% for both current and upcoming research grants, potentially sending ripples through the academic and scientific research communities.
This unprecedented decision signals a major shift in how research institutions will be financially supported, potentially forcing universities and research centers to reassess their funding strategies and operational budgets. The reduction could have far-reaching implications for scientific research infrastructure and the broader research ecosystem.