text: SECTION 1. NATIONAL ACADEMY OF SPACE.
  
      (a) Establishment of Academy.--The Administrator shall establish a 
  National Academy of Space for the instruction and preparation of 
  selected individuals for service in a space-related capacity in the 
  employ of the United States or a United States corporation. The Academy 
  shall consist of a program of instruction leading to baccalaureate 
  degrees in science, mathematics, and engineering at not less than 6 nor 
  more than 10 universities selected under subsection (b)(3), with 
  uniform curriculum criteria established by the Board, in conjunction 
  with the Director. The Academy shall establish a permanent headquarters 
  within 85 miles of an existing National Aeronautics and Space 
  Administration facility for its administrative staff and for use by the 
  Board.
      (b) Board.--
              (1) Membership.--The Administrator shall appoint a Board of 
          the National Academy of Space (in this section referred to as 
          the ``Board'') consisting of a broadly representative group of 
          scientists, engineers, educators, and businessmen representing 
          space-related industries, along with the president of each 
          university selected under paragraph (3).
              (2) Functions.--The Board shall--
                      (A) develop an exam for secondary students testing 
                  knowledge in science, mathematics, and engineering, or 
                  select an exam from among existing national exams, and 
                  annually administer such exam;
                      (B) establish uniform curriculum criteria for 
                  Member Institutes;
                      (C) provide for the placement at one of the Member 
                  Institutes of students awarded scholarships under this 
                  section at the Academy;
                      (D) administer the awarding of such scholarships; 
                  and
                      (E) establish a placement program to assist 
                  recipients of awards under this section in obtaining 
                  positions described in subsection (k)(1)(A).
              (3) Selection of universities for academy.--The Board shall 
          select not less than 6 nor more than 10 State universities that 
          are regional in scope and that have outstanding degree programs 
          in science, mathematics, and engineering to be designated as 
          Member Institutes of the Academy. The selections shall come 
          from universities that have applied to the Board and that have 
          demonstrated the willingness and capability to provide room, in 
          a separate dormitory or portion of a dormitory, and board to 
          scholarship winners and to offer the Academy's uniform 
          curriculum.
      (c) Results of Exam.--The Board shall annually certify the top 10 
  scorers in each congressional district on the exam developed or 
  selected under subsection (b)(2)(A), and award to the top 2 scorers in 
  each State, and to the top scorer in each district who is not one of 
  the top 2 scorers in the State, a scholarship under this section.
      (d) Scholarships Authorized.--(1) The Board shall establish a 
  scholarship program for students to attend the Academy who are willing 
  to commit themselves to service described in subsection (k).
      (2) A student who satisfies the requirements of subsection (f)(1) 
  may receive a scholarship for a period of 1 academic year of 
  undergraduate study at the Academy.
      (3) A student who satisfies the requirements of subsection (f)(2) 
  may receive additional scholarships, each awarded for a period of 1 
  academic year, in order to complete his or her undergraduate course of 
  study to a maximum of 3 such additional awards.
      (4) The individuals awarded scholarships under this section shall 
  be referred to as the ``Space Corps''.
      (e) Disbursal of Scholarship Proceeds.--Scholarship proceeds shall 
  be disbursed on behalf of students who receive scholarships under this 
  section to the institutions of higher education at which the students 
  are enrolled. No scholarship proceeds shall be disbursed on behalf of a 
  student unless the student is enrolled at an institution of higher 
  education.
      (f) Eligibility.--
              (1) Initial eligibility.--Only individuals who are--
                      (A) citizens or nationals of the United States, or 
                  aliens lawfully admitted to the United States for 
                  permanent residence;
                      (B) majoring in the physical, life, or computer 
                  sciences, mathematics, or engineering; and
                      (C) enrolled in an institution of higher education 
                  as a full-time undergraduate student (as determined by 
                  the institution of higher education),
          shall be eligible for awards under this section.
              (2) Requirements for continuation awards.--A student who 
          has received a scholarship under this section may receive a 
          continuation award under subsection (d)(3) for a subsequent 
          academic year of undergraduate education if the student--
                      (A) maintains a high level of academic achievement, 
                  as determined in accordance with the regulations of the 
                  Administrator;
                      (B) continues to major in one of the physical, 
                  life, or computer sciences, mathematics, or 
                  engineering; and
                      (C) continues to be enrolled at an institution of 
                  higher education as a full-time undergraduate student 
                  (as determined by the institution).
      (g) Waiver of Full-Time Attendance Requirement.--The Administrator 
  may waive the full-time attendance requirements in this section in 
  unusual circumstances.
      (h) Failure To Meet Eligibility Requirements.--In the event that 
  the student fails to meet the requirements of this section, the 
  student's eligibility to receive further scholarships (or scholarship 
  proceeds) under this section shall be suspended in accordance with the 
  regulations of the Administrator.
      (i) Reinstatement or Eligibility.--The Administrator shall 
  determine circumstances under which eligibility of a scholarship 
  recipient under this section may be reinstated if the recipient seeks 
  to reenter school after an interruption of schooling for personal 
  reasons, including, but not limited to, pregnancy, child-rearing, and 
  other family responsibilities.
      (j) Scholarship Amount.--
              (1) Amount of award.--Except as provided in paragraph (2), 
          the amount of a scholarship awarded under this section shall 
          cover the full tuition and fees of the student at the Academy.
              (2) Adjustments for insufficient appropriations.--In the 
          event that funds available in a fiscal year are insufficient to 
          fully fund all awards under this section, the amount paid to 
          each student shall be reduced proportionately.
      (k) Service Requirement.--
              (1) Space scholarships.--Each recipient of an award under 
          this section shall, as a condition of the receipt of such 
          award, agree to complete 4 years of--
                      (A) service in a space-related capacity in the 
                  employ of the United States or any corporation or other 
                  entity, organized under the laws of the United States 
                  or of a State of the United States, at least 50 percent 
                  of which is owned by United States nationals, and which 
                  is engaged in space-related research or endeavor;
                      (B) postgraduate education in physical, life, or 
                  computer science, mathematics, or engineering at an 
                  institution of higher education; or
                      (C) a combination of service and education 
                  described under subparagraphs (A) and (B).
              (2) Repayment obligation.--As part of the agreement 
          required under paragraph (1), each recipient shall agree, in 
          the event of failure to complete the service obligation 
          described in paragraph (1), to repay an amount equal to--
                      (A) the total amount of awards received by such 
                  individual under this section; plus
                      (B) the interest on such amounts which would be 
                  payable if at the time the amounts were received the 
                  amounts were loans bearing interest at the maximum 
                  legal prevailing rate, as determined by the Treasurer 
                  of the United States.
          Such repayment shall be made within 1 year after the recipient 
          has ceased to perform the service obligation described in 
          paragraph (1).
              (3) Exceptions.--The Administrator may provide for the 
          partial or total waiver or suspension of any service obligation 
          or payment by an individual under this section in the same 
          manner as is permitted under section 558 of the Higher 
          Education Act of 1965 with respect to scholarships under 
          subpart 1 of part D of title V of the Higher Education Act of 
          1965, except that pregnancy, child-rearing, or comparable 
          family responsibilities shall also be grounds for deferral.
      (l) Authorization of Appropriations.--There are authorized to be 
  appropriated to carry out this section--
              (1) $9,000,000 for fiscal year 1996, of which $5,000,000 
          shall be for the establishment of a permanent headquarters for 
          the Academy pursuant to section 1(a);
              (2) $4,000,000 for fiscal year 1997;
              (3) $4,000,000 for fiscal year 1998;
              (4) $4,000,000 for fiscal year 1999; and
              (5) $4,000,000 for fiscal year 2000.
  
  SEC. 2. DEFINITIONS.
  
      For purposes of this Act--
              (1) the term ``Administrator'' means the Administrator of 
          the National Aeronautics and Space Administration;
              (2) the term ``institution of higher education'' has the 
          meaning given such term in section 1201(a) of the Higher 
          Education Act of 1965; and
              (3) the term ``State'' means each of the 50 States and any 
          other Commonwealth, territory, or possession of the United 
          States represented in the Congress by a Member or Delegate.
target: Directs the Administrator of the National Aeronautics and Space Administration to:  (1) establish a National Academy of Space to prepare qualifying individuals for Government or U.S. corporate space-related service; and (2) appoint a Board of the National Academy of Space whose functions shall include exam and curriculum development, scholarship and placement administration, and selection of State universities as Member Institutes of the Academy. 
  Authorizes appropriations.
feat_title: To establish a National Academy of Space, and for other purposes.