Scholarship
amounts must be at least $7,500 per year but no more than $10,000 per year; however,
no individual may receive a scholarship for any year that exceeds the
yearly cost of attendance (as defined in section 472 of the Higher Education
Act of 1965 (20 U.S.C. 1087ll)). Scholarship recipients must be U.S.
citizens or nationals, or permanent resident aliens, must be majoring in mathematics,
engineering, or a science discipline, and must be in the last 2 years of a baccalaureate
degree program. It is expected that these students will complete a major
in a STEM discipline. Students enrolled in institutions requiring a fifth
year or post-baccalaureate program for teacher certification may apply the scholarship
to the post-baccalaureate program. A recipient may receive up to two years of
scholarship support. Recipients of scholarships must commit to completion of two
years of service as a mathematics or science teacher for each year the scholarship
is received. Service must be performed within 6 years after graduation
from the program for which the scholarship was awarded and must be performed
in a high need local educational agency that meets one or more of the following
criteria:
It has at least one school in which 50 percent or more of the enrolled students
are eligible for participation in the free and reduced price lunch program established
by the Richard B. Russell National School Lunch Act (42 U.S.C.1751 et seq.).
It has at
least one school in which: (i) more than 34 percent of the academic classroom
teachers at the secondary level (across all academic subjects) do not have an
undergraduate degree with a major or minor in, or a graduate degree in, the academic
field in which they teach the largest percentage of their classes; or (ii) more
than 34 percent of the teachers in two of the academic departments do not have
an undergraduate degree with a major or minor in, or a graduate degree in, the
academic field in which they teach the largest percentage of their classes.
It has at
least one school whose teacher attrition rate has been 15 percent or more over
the last three school years.