National Foundation for Excellence Act

Summary

National Foundation for Excellence Act - Establishes the National Foundation for Excellence as an independent establishment of the executive branch. Authorizes the Foundation to award scholarships for undergraduate and graduate study for outstanding students committed to careers in teaching in public education. Sets forth scholarship conditions, including student agreements to teach in a public elementary or secondary school for a certain period of years based on the total amount of scholarship awarded. Sets forth scholarship repayment requirements for those who do not fulfill such teaching commitments or who otherwise do not comply with the provisions of this Act. Authorizes the Foundation to make grants to States to pay the Federal share (50 percent) of scholarship programs conducted by the States. Establishes in the Treasury the National Foundation for Excellence Trust Fund. Authorizes appropriations.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 March 1993

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 March 1993

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• Introduced in Senate

  summary · EN · 10 March 1993

  Open at official source

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