FYI: Science Policy News
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Budget Tracker

FY2026 National Science Foundation

Latest update JUL 24, 2025

This page contains interactive tables and charts with budget details for the National Science Foundation in fiscal year 2026. It also links to key budget documents, FYI’s analyses of appropriations proposals and outcomes, and major actions in this budget cycle.

Note 1: Although the final spending legislation for fiscal year 2025 provided NSF with the same topline budget as the prior fiscal year, the Trump administration has declined to spend $234 million in “emergency” spending that Congress allocated to the Major Research Equipment and Facilities Construction account. For now the tracker includes this emergency spending as part of the NSF topline for fiscal year 2025, though this amount will be adjusted if the administration succeeds in defunding the account.

Note 2: The Trump administration is proposing to fold the account that funds the STEM Education Directorate into the Research and Related Activities account, which funds NSF’s other directorates. The House bill would accept this proposal while the Senate bill retains the STEM Education account. To ease comparison with the administration and House proposals, the Senate figure for Research and Related Activities has been adjusted to include the STEM Education money.

Complete FYI coverage of this agency.

FYI Analysis
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Article
Top appropriators in both parties have signaled disagreement with Trump’s proposals for deep cuts and indirect cost caps.
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Article
Key players in Congress and the Trump administration seek to update the National Quantum Initiative.
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The initiative was announced at an NSF board meeting that sidestepped discussion of looming cuts to the agency.