Universities Rally Against NIH Funding Cuts, Warning of Severe Impact on Critical Health Research
In a significant move reflecting the concerns of the academic community, Rice University, along with nearly 70 other leading institutions, has voiced support for a legal challenge against proposed funding cuts by the National Institutes of Health (NIH). The contentious policy cuts could slash billions from indirect costs essential for the ongoing maintenance of research infrastructure. The lawsuit arose after a memo released by the NIH on February 7, which drastically proposed capping the institutional indirect cost rate at 15%, a stark reduction from Rice’s current rate of 56%. This proposal, according to Rice President … Read more