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U of M officials tell House committee NIH indirect‑cost cuts would 'gut' research and threaten jobs
Summary
University of Minnesota President Rebecca Cunningham and budget staff told the House Higher Education Finance and Policy Committee that a proposed reduction in federal indirect cost rates would sharply reduce the university's overhead revenue, impair research capacity and could cost jobs and graduate training positions.
President Rebecca Cunningham told the House Higher Education Finance and Policy Committee on Feb. 25 that proposed cuts to federal indirect cost (IDC) reimbursement rates — particularly from the National Institutes of Health — would sharply reduce the University of Minnesota's research capacity and threatened jobs and graduate training.
"Our current negotiated rate is 54%. If that were to move to 15% it would be an immediate cut of between 101 hundred and $30,000,000 to the university next year," Cunningham said, adding that such a reduction would "gut our ability to do biomedical discovery research" and hinder the university's ability to provide equipment, buildings and utilities needed for…
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