Fiscal Policies for 2015

Happy 2015! Just a quick blog to let you know that last week, NIH announced policies for fiscal operations for fiscal year (FY) 2015, implementing the 2015 Consolidated Appropriations Act signed by President Obama on December 16, 2014. NIH has a budget of $30.31 billion, an increase of approximately $240 million over the FY 2014 final budget allocations of $30.07 billion. We also announced the stipend levels for Ruth L. Kirschstein National Research Service Awards (NRSA), and salary limits for individuals receiving their salaries from an NIH grant, cooperative agreement, or contract. Here are highlights and links to the new guide notices laying out the financial operations for the upcoming year: Keeping with the precedent we set up last year, and because each NIH institute and center (IC) has a different budget, ICs are given flexibility to manage funding levels of non-competing continuation awards. Non-competing continuation awards already made for FY2015 that that were funded at reduced levels (usually at the 90% level) may be fully or partially restored as described in NOT-OD-15-001. Non-competing continuation grants (research and non-research) likely will be made within the range between the commitment level indicated on the Notice of Award and three percent below that level. Your grants management official will be working with your institution’s grants officials on the final budget levels when issuing or reissuing these awards. The support of new investigators...
Source: NIH Extramural Nexus - Category: Research Authors: Tags: Rock Talk Budget Grants policy NRSA salary Source Type: funding