Stanford University has announced a hiring freeze amid financial uncertainties stemming from potential federal funding cuts and proposed tax changes. In an open letter, University leaders highlighted the proposed reduction in payments from the NIH as a major influence on their decision. While they allowed for exceptions in critically needed positions, the overall aim is to navigate financial stability during uncertain times. Leadership reassured the community about Stanford's overall financial health despite these challenges, stressing the need for prudent planning to support students and staff amidst significant legislative and funding threats.
To better prepare us to meet these challenges, we are implementing a freeze on staff hiring in the university. Critically needed positions may be approved in limited situations.
Stanford is a financially healthy and resilient institution, and prudent planning now will enable us to best support our students and the dedicated and talented staff who support our mission.
The NIH proposal to significantly reduce payments to universities for indirect research costs would have a significant negative budget impact at Stanford.
There is also uncertainty about the level of direct federal funding for scientific research as agencies like NIH and NSF face cuts.
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