Update on Staff Hiring

Stanford University is currently developing its budget for the 2025-26 academic year amid growing financial uncertainties affecting universities nationwide. Key concerns include potential cuts from the National Institutes of Health (NIH) regarding indirect cost payments, uncertainties in direct federal funding for scientific research, and Congressional proposals to expand the endowment tax, which would adversely impact Stanford's finances. The endowment is crucial for funding undergraduate and graduate financial aid, faculty salaries, research, and essential programs. In response to these challenges, Stanford has implemented a hiring freeze for staff positions, although critical roles may still be filled with approval from relevant university officials. Positions funded by external research awards are exempt from this freeze. Faculty positions, temporary employees, and student workers are not affected. The university emphasizes the importance of prudent financial planning to maintain its support for students, faculty research, and staff operations during this uncertain period.

- Stanford is facing financial uncertainties that may impact its budget for the 2025-26 academic year.

- A hiring freeze for staff positions has been implemented, with exceptions for critical roles and externally-funded positions.

- Potential cuts from NIH and changes to endowment tax laws pose significant risks to Stanford's finances.

- The endowment supports a large portion of the university's budget, including financial aid and faculty salaries.

- The university encourages careful consideration of new financial commitments in light of current challenges.