Universities no longer have to put their own money into research solicited by the National Science Foundation, following a Thursday decision reported by the Chronicle of Higher Education.
Previously, universities had to pay 6.8 percent of research costs. Universities doing unsolicited research under the NSF now will be required to pay 1 percent of the grant amount.
Prior to Thursday's decision, the NSF was the only federal agency requiring colleges to pay more than 1 percent on funding.
First designed in the 1940s, "cost sharing" was designed to stretch agencies' budgets to pay for more research projects, according to the Chronicle. But under the previous policy, competition between schools for funding created a significant disadvantage for smaller schools.
The new policy is intended to level the playing field for obtaining grants for universities around the country.
The University "has yet to decide its position on the issue," according to the Arts and Sciences Office of Research Administration.
--Compiled by Johanna Cluver