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According to Scadden, the success of the institute in raising money from private sources provides the leverage scientists need to convince additional donors to invest in their projects.
At present, the institute spends between $15 to $20 million each year, Reeve says. Expansion of research efforts would require a budget increase.
But while the institute itself does not receive federal dollars, HSCI’s faculty members are eligible to receive government money for their specific labs if the research being funded does not conflict with federal policy.
In addition to the limits in federal funding, the institute also receives no state funding, as former Gov. W. Mitt Romney also imposed restrictions on stem cell research.
Melton says the new department will “allow this field to flourish and to grow even more in the Harvard community,” as the missions of the department and institute overlap, but will allow for additional undergraduate education.