Academia
When the US stimulus ends September 30, academic research could suffer. The NIH has funded 18,568 biomedical research projects with the $8.2 billion it received over two years from the stimulus. Its annual grant and contract budget could drop by about 15%, going by this year’s appropriation of $26.2 billion. Universities that have received the most NIH funding include the University of Michigan at Ann Arbor ($272 million), the University of Washington at Seattle ($263 million), John Hopkins University ($213 million), Duke University ($195 million), the University of Pennsylvania ($195 million) and Harvard University ($191 million). Under the stimulus funding, one in five scientists that applied for grants received them, and that number is expected to drop to less than one in seven, said the NIH.
Source: Bloomberg News

