Sequestration cuts will have a serious impact on research funding at the University of Virginia.
UVA researchers are bracing for between $10 million and $11 million in federal cuts, which could impact as many as 200 jobs.
"That includes clinical trials for stroke patients, cancer research, it includes the physical sciences for environmental studies on the eastern shore," said Jeffrey Blank, UVA assistant vice president for research.
The specific details of how cuts will be implemented are still unclear, but Blank says it will impact different areas of research across the board.
"You have staff, you have equipment, you have space that's already built up for a specific purpose. And when you pull the funds away, it's difficult to ramp that back up," Blank said.
The loss of federal funds has many researchers looking for alternative sources of funding. Blank says more private money is starting to flow in.
"We'll see company money from Astra-Zeneca, foundation money from the Gates foundation," Blank said. "Those levels are increasing as our faculty members look to see what resources are available to get that next grant."
UVA is also preparing for cuts in federally funded financial aid and work study programs. Any reductions would take effect starting in the fall semester.