The NIH announced on 5/8 that it is operating on a budget that's about $5M less than FY2012's and therefore continuing awards will continue to be made at lower levels than originally projected. This level is actually better than the 10% decrease seen on continuing awards while the NIH was under a Continuing Resolution (CR) (i.e., without a budget from Congress). Some awards made while they were under the CR may be partially restored with the new budget, which is the good news. The bad news is that all inflationary increases are discontinued and the salary cap remains at Executive Level II ($179,700).Read the full text of the notice here: NOT-OD-13-064
UPDATE: We've just received a revised notice of award for one of our NIH grants issued while NIH was under the CR, restoring more than $20,000 to the budget. Take heart! And remember, even though funding may be down, you'll never get any money you don't ask for.
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