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Show Thursday. December 3, 1998 4 The Daily Utah Chronicle -- Grants in Bioscience and Medical Research Available Matt Canham Chronicle News Writer Looking for a research project to sink your teeth into? The Chronicle of Higher Education recently released a list of medical and scientific projects. For more informahighly-sought-aft- er tion on the grants offered below Grantslnfonih.gov. ail Establishing research centers on autoimmune diseases The National Institutes of Health is accepting applications to establish research centers on lupus, diabetes, multiple sclerosis and rheumatoid arthritics. The deadline for letters of intent is Dec. 8. Applications are due Jan. 8. Up to $2.9 million will be awarded. Research centers on women's reproductive health The NIH is accepting applications for the development of a women's Relationship between drug addiction and HIV The National Institute on Drug Abuse is accepting applications to support research to determine the relationship between drug addiction and HIV. Letters of inquiry are due by Dec. 15 and applications must be turned in by Jan. 15. The grant could be worth as much as $1.5 million. Boeing Sees Reverse in Trend Tim Klass The Associated Press SEATTLE In 18 months, Boeing has gone from a company that couldn't produce planes fast enough for its customers to one that is laying off an additional 20,000 employees. The world's largest aerospace company blames the layoffs on a slump in jetliner orders because of the Asian financial crisis and says the slowdown could last five years. On the news, Boeing stock tumbled almost 17 percent Wednesday as the most active issue on the New York Stock Exchange, dragging down the Dow Jones industrial averCo. age. Boeing seemed invincible in when the world's largest commercial jet manufacturer acquired McDonnell Douglas, the largest U.S. military contractor. Instead, Boeing stumbled in an overly ambitious attempt to more than double jetliner production just as the Asian economic crisis eruptmid-199- 7, ed. As Asian turmoil deepened and orders for jets slumped, Boeing began cutting production. Earlier this year, it said 28,000 jobs would ' be eliminated through the end of 1999. After financial markets closed Tuesday, it disclosed an additional 20,000 jobs will be eliminated in 1999 and 2000, bringing the reductions to 48,000. Most of the cuts will be in the Seattle area, with layoffs falling across all job categories, Boeing chairman Philip M. Condit said. About half of the job cuts will come through retirement, voluntary resignations and other attrition. "The situation in Asia has worsened dramatically," Condit said, and the impact "is much deeper and more prolonged." Asian airline executives have been telling Boeing for some time the slump is likely to last one to two years, but "we think this thing is two to five," Condit said. "We hope it's three." President Clinton said Boeing's fall underscores the need to shore up Asian economies and prevent further damage globally. If Asian economies start growing again, "the countries will be able to make good on these orders, they'll start buying the airplanes again, production lines will start up again and they'll call the workers back," Clinton said. Biomedical research in nursing The National Institute of Nursing Research is accepting applications for Career Transition Awards. The Awards will financially support five years of research. Letters of intent are due by Mar. 15 and applications are due May 14. The amount to be rewarded is not specified at this time. Arthritis, musculoskeletal and skin disease research A wide range of research projects in arthritis, musculoskeletal and skin disease is being offered by the National Institutes of Health. The deadline for applications are Jan. 22 and up to $1 million will be awarded. There are 10 to 15 grants Mental disorders in children and adolescents Applications for grants to study mental disorders in children and adolescents. Letters of intent are due by Jan. 11 and applications are due by Feb. 11. The amount awarded could be up to $1 million. Eight to 10 grants will be awarded. Heart disease among black people The National Heart, Lung and Blood Institute is accepting grant applications for research on heart disease due to the decrease in the blood supply, among black people. Letters of intent are due by May 7, and applications must be turned in by Sept 15. The amount awarded is not known at this. available. Developing technology to treat hearing impairment The National Institute on Deafness and Other Communication Disorders is accepting grants for the development of technology to treat hearing problems among infants and young early-childho- HIV infection among adolescents The National Institute on Child Health and Human Development and the National Institute on Mental Health are accepting applications that Letters of intent are due by Feb. 23 and applications are due on Mar. 23. Up to $2 million will be awarded. Four to six grants will be awarded. children. proreplicates community-base- d Grants will be awarded at three sepHIV of the to spread prevent grams arate times. Letters of intent will be among adolescents. Dec. 15 is the deadline for letters of accepted by Jan. 15, May 14 and Sept intent and applications are due on 15. Applications are due on Feb. 18, Feb. 17. Up to $3 million could be Jun. 18 and Oct. 18. Up to $1 million "will be awarded. awarded. reproductive health center. The grant is supported by the National Institute of Child Health and Human Development and the Office of Research on Women's Health. The deadline for letters of intent are Dec. 11. Applications are due on Jan. 22. Up to $3 million will be awarded. Fetal-alcoh- ol syndrome preven- tion od The National Institute on Alcohol Abuse and Alcoholism is accepting grant applications for research projects geared toward the prevention of fetal-alcoh- ol syndrome. Harvard, Wants to Increase Endowment Robin Estrin About $9 million will go toward : financial aid for needy students. The increase, however, won't mean any reduction in tuition, The Associated Press Harvard announced Wednesday it is increasing by at least 20 percent the amount of money it takes from its endowment and puts toward the university's annual operating budget. That's a sizable leap for any university, but with an endowment hovering near $13 billion, it translates into a whopping $95 million yearly budget boost for Harvard. When it comes to university endowments, Harvard is in a league of its own. And when Harvard makes a shift in how it uses its endowment funds, other schools may listen. "One reason why we're investing as mucih is because it really costs that much to stay excellent," said Harvard President Neil L, Rudenstine. The additional money for the 0 school year will contribute to the university's undergraduate and eight professional schools, and will be used to recruit new teachers, lower class size, improve technology, and preserve threatened library books. CAMBRIDGE, Mass. Rudenstine said. A year at Harvard now costs an undergraduate $31,132 in tuition, room, board, books and other fees. Despite recent fluctuations in the stock market, the last few years have been booming investment times for Harvard and other universities. At Harvard, the endowment returns have yielded close to 20 percent for five years.; "We've just plain been lucky in how well the markets have done and so we want to share that," said Bcppie Huidekoper, Harvard's vice president for finance. Colleges and universities typically use anywhere from 3 percent to 5 percent of their endowment money the stocks, cash and real estate that schools, receive as gifts to help fund their annual operating budgets. In higher education, the endowment money spent each year is known as the payout or spending rate. For the last decade, Harvard has tried to keep its payout around 4.5 percent. But in the last fiscal year, it dropped to 3.7 percent. While the actual money contributed ; ; 1999-200- : from the endowment increased each year, the rate of spending held steady as the stock market soared. The increase, announced Wednesday will put the spending rate back into the 4.5 percent range next year, depending on how the stock market does. In dollar terms, Harvard will now be committing $500 million of its endowment money and putting it into its operating budgetcurrently $1.7 billion. In 1988, Harvard spent $150 million of its endowment money. Universities typically are cautious about how they spend their endowments, higher education experts said. The fact that Harvard is now dispensing it more liberally could make other schools consider doing the same, observers said. "Harvard is to colleges and universities what Bill Gates is to investors, but often Harvard sets the tone for American higher education," said Terry Hartle, senior vice president of the American Council on Education. Harvard's endowment makes it the richest in the world. WAV. in mi f ". Ai 'After j fl )CMNISERVE $ ijT w 1 1 1 1 1 $50.00 -50.00 $ www.omniservecellular.com A7VT OTrefoM $69.99 50.00 ServfcM Locations from Logan Sugarhouse 2223 1 K(Wnd tot Hdt erf SqprtKwM nu 463-758- Mill 0 n rebate. See store for details. 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