Research is expensive, especially these days. Even though grad students and postdocs are underpaid, it still costs a lot to employ them.
Do you happen to have some quick numbers on hand about this? What’s the overhead?
For example: I make approximately $38,000 a year but it costs approximately $60,000 a year to pay my stipend from a research grant. And this is before overhead rates and facilities fees.
So assuming you are paid of an NIH grant subject to the 69% indirect, that’s ~$100,000 a year?
Right – but the math is a bit different since I have an F31 fellowship.
Do you happen to have some quick numbers on hand about this? What’s the overhead?
For example: I make approximately $38,000 a year but it costs approximately $60,000 a year to pay my stipend from a research grant. And this is before overhead rates and facilities fees.
So assuming you are paid of an NIH grant subject to the 69% indirect, that’s ~$100,000 a year?
Right – but the math is a bit different since I have an F31 fellowship.