TABLE 8-1 Cost Estimate for New Underrepresented Minority Student Support

 

Fiscal year

 

2012

2013

2014

2015

URM Cumulative Awards

10,000

20,000

30,000

40,000

Cost for URM Cumulative Awards

$150M

$300M

$450M

$600M

Assumptions: 25,000 new students per year; 40% allocated to underrepresented minorities; 4-year scholarship; $15,000 per student for tuition/fees and institutional programs.

are particularly valuable in terms of ties to the lab group, access to research mentors and equipment, publication opportunities, and connections to professional networks.

This report resonates with the emphasis on STEM education and workforce development throughout the policy arena, including recent reports and initiatives of the Obama administration and National Science Board. It extends the previous knowledge about these issues by presenting guidance specific to the underrepresentation of minorities in STEM disciplines and careers. The report should be integral to the continued national conversations concerning the need for America to maintain a science and engineering workforce to meet its current and future needs. Finally, this is a transformative moment for the nation to seize this opportunity to not fail future generations.



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