Ashlee N. Ford Versypt
10.7K posts
@FordVersyptLab
Professor of Chemical Engineering | PI of Systems Biomedicine & Pharmaceutics Lab | Computational Scientist | Teacher-Scholar | she/her/hers
Last year, $9B of the $35B that the National Institutes of Health (NIH) granted for research was used for administrative overhead, what is known as “indirect costs.” Today, NIH lowered the maximum indirect cost rate research institutions can charge the government to 15%, above what many major foundations allow and much lower than the 60%+ that some institutions charge the government today. This change will save more than $4B a year effective immediately.
Join us for an exciting session @JointMath tomorrow! Here is our revised schedule!!
