For fiscal year 2014, NIH has a budget of $30.15 billion, an increase of $1 billion over fiscal year 2013.
According to NIH’s Extramural Nexus newsletter, “Because of the increased NIH budget as compared to last year, and due to the cycle of out-year commitments, we should ultimately be making more competing awards in FY 2014. This is very positive news as it should result in reversing the trend of RPG success rates sliding lower each year. Remember, however, the success rates are dependent on the number of applications received, so as long as application numbers stay near or below where they were last year, combined with a higher number of awards, success rates should go up.”
See more at: http://nexus.od.nih.gov/all/2014/02/14/fiscal-policies-and-more-for-2014/?utm_source=nexus&utm_medium=email&utm_content=nihupdate&utm_campaign=feb14#sthash.PGoKiWsZ.dpuf