Sequester cuts to affect university research funds - Bloomberg News Education

Sequester cuts and university research funds: Federal funding reductions threaten scientific projects in campus laboratories across the country. The federal government, long a key sponsor of scientific research in universities, is scaling back support for academic laboratories from coast to coast to satisfy the new mandate to cut spending across the board. About $30 billion a year flows from Washington to universities for research and development in fields from agriculture to astrophysics. This funding has helped make leading U.S. research universities, including Johns Hopkins in Baltimore and the University of Maryland in College Park, the envy of the world. But the federal budget sequester that took effect this month — requiring cuts of about 5 percent in nondefense programs and more than 7 percent in defense — is likely to shrink research spending by more than $1 billion. http://www.voxxi.com/sequester-cuts-affect-research-funds/