nih.gov
Feb 9, 2025, 12:29
NIH lowered the maximum indirect cost rate research institutions can charge the government to 15%
National Institutes of Health shared a post on X:
“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.”
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