When finalising its funding recommendations for Project Grants this year, Research Committee, in considering the increased application numbers and available funds, was concerned about the additional impact of increased requested budgets (a mean increase of 8.5% compared to 2011) on the funded rate.
As a result, Research Committee recommended making an across-the-board 2.5% cut to the budgets of all applications recommended for funding. This resulted in a significant number of additional applications being funded, and the overall funded rate for Project Grants being lifted to 20% for the 2012 round.
This recommendation was endorsed and is reflected in the budgets for all Project Grants, as announced by the Hon Tanya Plibersek on 19 October 2012. OHNMRC is in the process of adjusting budgets in RGMS and will make these available via RGMS when finalised.
For operational reasons, ONHMRC have had to apply the 2.5% decrease evenly across each of the three budget items of Salaries/PSPs, Direct Research Costs (DRC), and Equipment (for example, where a grant review panel recommended 100% of a PSP, this is now reflected in RGMS as 97.5%).
However, we would like to remind you that NHMRC grant holders can use their grant funding flexibly between DRC and PSP to best deliver the objectives of the research proposal. In particular, we would like to reassure you that the levels of PSPs themselves have not changed.
For further information and guidance, please refer to the Frequently Asked Questions section below or contact the Research Help Centre (Ph: 1800 500 983 email: email@example.com).
Frequently Asked Questions
Q1. How was the 2.5% reduction applied?
A1. For operational reasons the reduction has been applied evenly across each of the three budget items of Salaries/PSPs, Direct Research Costs and Equipment.
Q2. What effect does this have on how I can use my grant funds overall?
A2. NHMRC grant holders can still use their grant funding flexibly to best deliver the objectives of the research proposal, and are not restricted to using the amounts allocated against items for only those items. However, funds may still only be applied to costs that are directly linked to achieving the goals of the project. See Direct Research Costs ‐ A guide for research and administrative staff. If grant holders need to vary their research plan from that outlined in their grant application, then such variations can be made through RGMS
Q3. What effect does this have on PSPs?
A3. PSPs values have not changed. Grant holders should use their grant to support the number and level of PSPs required to deliver the objectives of the grant.