NIH Cuts Research Funding for Indirect Costs

The National Institutes of Health (NIH) published guidance late on Feb. 7, 2025, setting the indirect cost rate for NIH grants at 15 percent, replacing the negotiated indirect cost rates at many universities, which typically range between 25 percent to 70 percent. The financial toll of this change will be significant, potentially cutting billions of……
By: Holland & Knight LLP