"The law gives the National Science Foundation $2 billion in stimulus financing for research grants, and the foundation also has until September 2010 to spend the money. But the foundation will act much faster, pushing nearly all of that money out to scientists within 120 days, said Jeffrey Nesbit, an N.S.F. spokesman. (Last year, the science foundation’s $6.1 billion budget included $4.8 billion for research grants; Congress has not finished work on the budget for the current fiscal year.)" - New York Times (click here to see full article).
NSF will not put out new calls for proposal, but will instead finance a higher percentage of proposals already under review and finance meritorious proposals that were not awarded from last year.
There will be a call for new applications to create a pool for the $200 million provided for laboratory improvements. NSF will provide more details after its meeting this week with the National Science Board.
