Because of the sequester, NSF will give out about 1,000 fewer research grants and awards this year, affecting as many as 3,000 researchers.

According to Pew, in 2011 federal money accounted for more than $40 billion of the $65 billion universities spent on research. Like most other federal agencies, the National Institutes of Health must cut 5 percent of its budget to comply with sequestration. Because NIH funnels about 85 percent of its budget to researchers, it is already scaling back some grants, according to director Francis Collins. Meanwhile, the National Science Foundation, facing similar cuts, estimates it will give out about 1,000 fewer research grants and awards this year, affecting as many as 3,000 researchers.