$1.2 million will fund 4 years of research for 2 professors, and 2 PhD students. It’s not exactly a career making grant.
https://osr.ucsf.edu/news/nih-update-ruth-l-kirschstein-nati....
Also, in my field and in my region, $27k is massive funding. I don't know anybody who makes that much, let alone $44k, and we also don't get tuition or benefits covered. Our TA/RA union is currently striking because it's essentially impossible to live off of funding alone.
[1] https://grants.nih.gov/grants/guide/notice-files/NOT-OD-23-0...