Stanford, Harvard Warn of ‘Deep Impacts’ From Trump Cuts

Stanford, Harvard and other top research universities warned of the potential hit to medical care and scientific innovation from the Trump administration’s cut to a type of federal funding from the National Institutes of Health that’s set to go into effect Monday.

At stake is the money universities get reimbursed from expenses such as laboratory buildings, equipment and staff — known as indirect costs. NIH said the rate would be cut to 15%, while some universities currently receive more than 50%. Stanford said the change will create a reduction in NIH funding of approximately $160 million per year.