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Workforce Development Through Post-Graduation Scholarships Act of 2023
3/12/2024, 11:00 AM
Summary of Bill S 1757
Bill 118 s 1757, also known as the Workforce Development Through Post-Graduation Scholarships Act of 2023, aims to address the growing need for skilled workers in various industries by providing post-graduation scholarships to students pursuing degrees in high-demand fields.
The bill proposes the establishment of a scholarship program that would award financial assistance to students who have completed a post-secondary degree in a STEM (science, technology, engineering, and mathematics) or other high-demand field. These scholarships would be used to help recipients pursue further education or training in their chosen field, with the goal of increasing the number of skilled workers in the workforce.
In order to be eligible for the scholarship program, students must meet certain criteria, such as maintaining a minimum GPA and demonstrating financial need. The bill also includes provisions for monitoring and evaluating the effectiveness of the program, as well as reporting requirements to ensure transparency and accountability. Overall, the Workforce Development Through Post-Graduation Scholarships Act of 2023 seeks to address the skills gap in the workforce by providing financial assistance to students pursuing degrees in high-demand fields, ultimately helping to strengthen the economy and promote innovation in key industries.
The bill proposes the establishment of a scholarship program that would award financial assistance to students who have completed a post-secondary degree in a STEM (science, technology, engineering, and mathematics) or other high-demand field. These scholarships would be used to help recipients pursue further education or training in their chosen field, with the goal of increasing the number of skilled workers in the workforce.
In order to be eligible for the scholarship program, students must meet certain criteria, such as maintaining a minimum GPA and demonstrating financial need. The bill also includes provisions for monitoring and evaluating the effectiveness of the program, as well as reporting requirements to ensure transparency and accountability. Overall, the Workforce Development Through Post-Graduation Scholarships Act of 2023 seeks to address the skills gap in the workforce by providing financial assistance to students pursuing degrees in high-demand fields, ultimately helping to strengthen the economy and promote innovation in key industries.
Read the Full Bill
Current Status of Bill S 1757
Bill S 1757 is currently in the status of Bill Introduced since May 30, 2023. Bill S 1757 was introduced during Congress 118 and was introduced to the Senate on May 30, 2023. Bill S 1757's most recent activity was Read twice and referred to the Committee on Finance. as of May 30, 2023
Bipartisan Support of Bill S 1757
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1757
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 1757
Workforce Development Through Post-Graduation Scholarships Act of 2023
Workforce Development Through Post-Graduation Scholarships Act of 2023
A bill to amend the Internal Revenue Code of 1986 to exclude certain post-graduation scholarship grants from gross income in the same manner as qualified scholarships to promote economic growth.
Comments
Sponsors and Cosponsors of S 1757
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