NIH Announces 2008 Fiscal Policy
NIH announced its FY 2008 fiscal policy on Monday, January 28. Under the policy, which reflects the FY 2008 appropriations bill: 1) the FY 2008 appropriation provides NIH a 1 percent inflation allowance for non-competing awards, requiring a reduction to previously established commitments, based on a 3 percent inflation allowance (each institute and center is given discretion in allocating the adjustment and future year commitments will be adjusted accordingly); 2) the average cost of competing grants is allowed to increase by 1 percent over FY 2007 (it is estimated this will allow ICs to support the NIH investigator pool with approximately 9,700 new and competing RPGs); 3) the number of new investigators will be comparable to the average of the most recent five years; and 4) Ruth L. Kirschstein National Research Service Awards (NRSA) funds for stipends, tuition and training-related expenses are held at FY 2007 levels.
http://grants.nih.gov/grants/guide/notice-files/NOT-OD-08-036.html
