Word: nsf
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...National Science Foundation (NSF), a prominent supporter of university research, recently loosened its rules requiring colleges to account for its grants. The move may lead to a relaxation of strained relations between the academic and government communities over the issue...
...rules essentially give universities greater flexibility in allocating costs from NSF research projects. Harvard receives about $6-8 million of its approximately $100 million in annual research monies from NSF annually, Financial Vice-President Thomas O'Brien said yesterday...
...NSF rules, scheduled to take effect in March, go to the heart of such accounting disputes between universities and the government...
...NSF supplied Harvard with $17.5 million last fiscal year, and NIH gave part of the $74 million in HHS funds the University received. HHS has the responsibility to audit all of Harvard's federally funded research...
Federal officials, on the other hand, say the auditors are just doing their job. "One can't blame the auditors too much," elaborates Robert Newton, a senior staffer at the National Science Foundation (NSF), admitting that often the rules "don't make much sense...