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...could this happen? It all comes down to the magic of fractions. Under the old formula, every state was guaranteed at least .75% of the state-grant program - a very high minimum compared to other federal programs, which made sure that even less populous states with a relatively small risk of terrorism received a sizable chunk of cash. Since 9/11, billions of dollars in homeland-security grants have gone out under this bizarre and nonsensical formula, which TIME investigated in-depth in 2004. In the new law, however, Congress cut the minimum to .375%, and set the percentage to decline...

Author: /time Magazine | Title: The "New" Homeland Security Math | 9/24/2007 | See Source »

...compare apples to apples, which is not easy to do in the Byzantine world of grant funding, then here is what you get, according to TIME's calculations: In 2007, 18 small and largely rural states received the minimum funding, each getting about .4% of the total pot. Under the new formula, those states will take home nearly as much - about .375% of the total. That number will decrease slightly each year, bottoming out at .35% in 2012. Yet that means Wyoming, with only .17% of the nation's population, will still qualify for at least twice that share...

Author: /time Magazine | Title: The "New" Homeland Security Math | 9/24/2007 | See Source »

Sarah Fortune, nine months into her position as assistant professor of immunology and infectious disease at the School of Public Health, also received a New Innovator grant for her research into tuberculosis...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: NIH Grants Offer Funding Relief | 9/21/2007 | See Source »

...said that up to 95 percent of normal grant applicants are rejected at first submission as a result...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: NIH Grants Offer Funding Relief | 9/21/2007 | See Source »

Fortune, who had another NIH grant application rejected outright this year, said that she knows many people in similar situations who are still struggling to find grant money...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: NIH Grants Offer Funding Relief | 9/21/2007 | See Source »

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