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NIH Slashes Indirect Costs, Says Move Will Save Billions per Year

The National Institutes of Health is putting a 15-percent ceiling on what research institutions can charge the government for some costs.
NIH Slashes Indirect Costs, Says Move Will Save Billions per Year
The National Institutes of Health (NIH) in Bethesda, Md., on May 30, 2024. Madalina Vasiliu/The Epoch Times
Kimberly Hayek
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The National Institutes of Health (NIH) on Feb. 7 decreased the maximum indirect cost rate research institutions can charge the government to 15 percent. Indirect costs include utilities, facility, personnel, and service contracts.

The NIH predicted the change will save more than $4 billion a year.

Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.