Texas universities risk losing hundreds of millions in federal funding due to a new Trump administration policy capping National Institutes of Health (NIH) indirect cost reimbursements at 15%. This drastic reduction, down from rates exceeding 50%, threatens jobs, ongoing research, and medical breakthroughs in areas like cancer and chronic diseases. Institutions like Baylor College of Medicine and UT-Austin are bracing for significant financial impacts, with lawsuits already filed by 22 states to block the policy. Texas has yet to join the legal battle.
Source: The Texas Tribune