AXIOS February 8, 2025
The National Institutes of Health sent shockwaves through academic research circles late Friday, saying it will dramatically cut the rate it pays for universities’ administration and overhead costs to save the government more than $4 billion.
Why it matters: The reductions will particularly hit elite institutions including Harvard, Yale and Johns Hopkins and fulfill a long-sought conservative goal that was included in the Project 2025 blueprint.
- Trump proposed a similar change during his first term, but Congress didn’t act. Project 2025 says the reimbursements “cross-subsidize leftist agendas” and that universities use the funds to pay for diversity, equity and inclusion efforts.
Driving the news: NIH, as of Monday, will cap the indirect cost rate on all new and...
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