Federal budget cuts may threaten U. funding - Alexa Pugh, Brown Daily Herald

Though the possibility that the sequester will take effect is still uncertain, the University’s research funding could take a serious hit if cuts do occur, said Beppie Huidekoper, executive vice president for finance and administration. The University currently receives approximately $160 to $170 million in federal research funding annually. Of that figure, $40 million goes toward indirect cost recovery for things like lab space, utility fees and administrative costs, while $130 million covers direct costs such as lab equipment and stipends and salaries for graduate students and professors. Assuming a worst-case scenario in which the cuts take place immediately and across-the-board, the University would face a $13 to $15 million reduction in annual federal research funding that would be distributed between direct and indirect costs, Huidekoper said. http://www.browndailyherald.com/federal-budget-cuts-may-threaten-u-funding-1.2777546