5/9/2013 7:29:22 AM
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After weeks of worrying about how the mandatory across-the-board 2013 budget cuts known as the sequester would play out at the National Institutes of Health (NIH), the biomedical research community now has final figures. The bottom line is as grim as expected: The agency's overall budget will fall by $1.55 billion compared to 2012, to $29.15 billion, a cut of about 5%, according to an NIH notice today. That is essentially what NIH predicted as part of the 5.1% sequestration. As a result, NIH expects to fund 8283 new and competing research grants this year, a drop of 703, according to this table. That number firms up the "hundreds fewer" awards that NIH officials warned of earlier this year. Including ongoing (already awarded) grants that are ending, the total number of research grants will drop by 1357 to 34,902 awards.
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