Penn State faces $20 million loss as federal funding cuts threaten research programs

State College organization sees $70,000 federal funding cuts

STATE COLLEGE, Pa. (WTAJ) – A State College organization is facing $70,000 of federal funding cuts – money they say could have been used for a valuable program. The Rivet is a makerspace located in the same building as Discovery Space at 1224 N. Atherton St. It was part of the Alliance for Creative Rural Economies (ACRE) program, funded by a grant through the Minority Business Development Agency. The Rivet recently received the news that their f…

Penn State faces $20 million loss as federal funding cuts threaten research programs

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Facing $20M Loss, Penn State Declares Support for Lawsuit Against NSF Over Research Funding Cut

Penn State has submitted a declaration of support for a joint lawsuit that seeks to halt the Trump administration's decision to significantly cut payments for costs associated with National Science Foundation-funded research grants and cooperative agreements. The university, which is not a party to the lawsuit, said in a statement that based on its NSF funding for fiscal year 2023-24, the cut would mean a $20 million loss for Penn State's resear…