Stanford University has announced a hiring freeze as it waits for a federal court decision on proposed budget cuts to the National Institutes of Health (NIH), which plans to cap indirect research costs at 15%. University leaders Jonathan Levin and Jenny Martinez cited this decision as a necessary move to maintain financial flexibility while addressing concerns over potential negative impacts, particularly on graduate and undergraduate financial aid. The freeze does not apply to faculty or student workers, highlighting acute attention to maintaining educational support during these uncertain times.
The NIH's proposed cap on indirect costs at 15% threatens Stanford's funding, prompting a hiring freeze to navigate the financial uncertainty.
President Levin and Provost Martinez emphasized the need for flexibility given potential NIH cuts, which could dramatically affect Stanford's financial landscape.
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