3 ms·

well, by comparison, in medicine, foundation grants go for $25-50k, NIH "training grants", about $98k/year (K23/K08), R01s which are meant to fund entire labs $

• mattkrause 6y ago
  If only an R01 were $1M! The “modular” budget (which many grants use) is $250k/year, and has been for some time, inflation be damned. You can certainly try asking for more, but there’s lots of contradictory advice about whether that’s wise.
  • caycep 6y ago
    ouch....that includes funding for postdocs, grad students etc?
    • mattkrause 6y ago
      Alas! In theory, the R01 is supposed to be enough to perform all of the proposed research. In practice, however, there's a lot of subsidization from other sources: one RA is on work-study, maybe another one working for course credit (only), and some of the grad students and postdocs have individual fellowships. This really sucks: it makes it very hard to hire/keep experienced people who aren't bringing in their own money and there are fewer and fewer opportunities for those people (a lot of fellowships now cut off at <5 years post-PhD). In the grand scheme of things, this churn can't actually be that cost-efficient and if I ran the NIH, this is one of the first things I would change: you'd get better research while taking some of the strain off the job market.