National Research Service Award Act

National Research Service Award Act - Declares it to be the purpose of this Act, by consolidating existing research training and fellowship authorities into a single National Research Service Awards Authority, to increase the capability of the National Institutes of Health and the National Institute of Mental Health to carry out their responsibility of maintaining a superior national program of research into physical and mental diseases.

Directs the Secretary of Health, Education and Welfare to provide, under the Public Health Service Act, National Research Service Awards in the following manner: (1) biomedical and behavioral research at the National Institutes of Health and the National Institute of Mental Health; (2) training at such institutes of individuals to undertake research in specified matters (3) biomedical research at non-Federal public and at nonprofit private institutions; and (4) training at such public and private institutions of individuals to undertake such research.

Provides that applicants for National Research Service Awards must be sponsored by the institution at which training shall be carried out.

Limits the period of any National Research Service Award to three years in the aggregate, unless the Secretary should waive such limit.

Requires that each individual who receives a National Research Service Award shall (1) engage in health research or teaching, or (2) if authorized, serve as a member of the National Health Service Corps; serve in his specialty in private practice in an area designated by the Secretary as requiring that specialty; or serve in his specialty as a member of a nonprofit prepaid group practice authorized for reimbursement under title XVIII (Health Insurance for the Aged) of the Social Security Act, for a specified period.

Authorizes to be appropriated to carry out the provisions of this section $207,947,000 for the fiscal year ending June 30, 1974.

Directs the Secretary of Health, Education, and Welfare to conduct studies to: (1) establish the Nation's overall need for biomedical research personnel; (2) assess current training programs available for the training of biomedical research personnel; and (3) identify the kinds of research positions available to and held by individuals completing such programs.