A bill to establish the Undergraduate Scholarships for Science, Technology, Engineering, and Mathematics Program, and for other purposes.
Undergraduate Scholarship Awards in Science, Technology, Engineering, or Mathematics Act or US-STEM Act - Requires the Director of the National Science Foundation (NSF) to award merit scholarships covering students' final two years of undergraduate studies in science, technology, engineering, or mathematics at four-year institutions of higher education.
Restricts scholarship eligibility to students: (1) from families whose taxable income for 2010 did not exceed $75,000, adjusted annually thereafter for inflation; and (2) who maintain at least a 3.0 grade point average, on a scale of 4.0.
Allows the Director to award up to 2,500 scholarships each year.
Requires the Director to establish an advisory board for the scholarship program.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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