Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Pennington Biomedical warns NIH overhead cut will slash research margins, force program slowdowns
Summary
Pennington Biomedical researchers told the committee a recent NIH change to allowable indirect/overhead rates for grants reduces institutional recovery from 50% to 15%, creating a projected $2 million hit this fiscal year and $5 million next year that could slow research and training programs
Pennington Biomedical Research Center leaders told the House Appropriations Committee that a sudden federal change to allowable indirect‑cost recovery on NIH grants is creating an immediate budget hole for their institution.
Dr. (name as given in transcript) Kerwin, Pennington’s executive leadership, said the NIH policy change cut the institution’s institutional overhead recovery rate from roughly 50% down to 15% on affected awards. "The implications of that for Pennington in the fiscal year that we're currently in is…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
