NIH slashes research funding for overhead costs, sparking worry among Princeton scientists
Sena Chang and Luke GrippoOn Feb. 7, the National Institutes of Health (NIH) announced a directive limiting the portion of grant funds allocated for overhead costs. The cap was set at 15 percent; as of July 2024, Princeton’s indirect cost rate stood at 64 percent.
On Feb. 7, the National Institutes of Health (NIH) announced a directive limiting the portion of grant funds allocated for overhead costs. The cap was set at 15 percent; as of July 2024, Princeton’s indirect cost rate stood at 64 percent.