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Funding of science
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==== Hard money versus soft money ==== In academic contexts, ''hard money'' may refer to funding received from a government or other entity at regular intervals, thus providing a steady inflow of financial resources to the beneficiary. The antonym, ''soft money'', refers to funding provided only through competitive [[research grant]]s and the writing of grant proposals.<ref name="StackExchangeHardMoney">[http://academia.stackexchange.com/a/30627 "What is a soft-money research position?"] {{Webarchive|url=https://web.archive.org/web/20200514004826/https://academia.stackexchange.com/questions/30621/what-is-a-soft-money-research-position/30627 |date=2020-05-14 }}, Academia StackExchange</ref> Hard money is usually issued by the government for the advancement of certain projects or for the benefit of specific agencies. Community [[healthcare]], for instance, may be supported by the government by providing hard money. Since funds are disbursed regularly and continuously, the offices in charge of such projects are able to achieve their objectives more effectively than if they had been issued one-time grants.{{cn|date=March 2025}} Individual jobs at a research institute may be classified as "hard-money positions" or "soft-money positions";<ref name="StackExchangeHardMoney" /> the former are expected to provide [[job security]] because their funding is secure in the long term, whereas individual "soft-money" positions may come and go with fluctuations in the number of grants awarded to an institution.{{cn|date=March 2025}}
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