Fact sheet: Impact of Sequestration on NIH

The NIH has released an informative fact sheet on how the sequestration will impact its FY13 operating plans and the effect this will have on medical research and the scientific workforce. The sequestration requires NIH to cut 5 percent or $1.55 billion of its fiscal year 2013 budget evenly across all programs, projects, and activities. The immediate impact will be an NIH-wide average reduction of 4.7 percent to existing proposals and approximately 700 fewer competitive research project grants awarded. The complete fact sheet, along with the FY2013 operating plan, fiscal policy for grant awards, and funding strategy links, is available at http://www.nih.gov/news/health/jun2013/nih-03.htm.