ESRC Announces New Grant Limits

An ESRC 'Costing Stormtrooper'

Last month the ESRC announced that it would be introducing changes to the funding thresholds for its Research Grants scheme. The lower threshold was to rise to £350,000 and the upper threshold fall to £1 million at Full Economic Costs.

In a surprise move the ESRC has decided to take this one step further.

'We changed our minds,' admitted Head of Analysis and Marginal Tweaking at the Council, Amelia Throttleford. 'We've crunched some numbers and have realised that we need to narrow the range still further.'