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It's not as rosy as you might imagine. Many universities actually manage to lose money on federally funded research, as the amount of compliance work required
by cvwright 9y ago
It's not as rosy as you might imagine.
Many universities actually manage to lose money on federally funded research, as the amount of compliance work required to maintain grant funding actually outstrips the overhead rates.
And yes, I've seen the overhead rates that universities are charging lately, and I agree they're absurd. Yet somehow it's still not enough.
[1] Karen A. Holbrook and Paul R. Sanberg. Understanding the High Cost of Success in University Research.
http://www.uh.edu/af/docs/IDC/TIarticle.pdf http://www.uh.edu/af/docs/IDC/TIarticle.pdf
- Fomite 9y agoThis. Our overhead rate is marginally less than the cost of actually doing research. Especially when one considers that overhead rates are also the things that fund faculty startup packages and capital improvements.