Quantum fellowships and scholarships

(a) In general The Director may establish or use existing programs to support fellowships and scholarships for students at institutions of higher education for the purpose of— (1) increasing quantum information science, engineering, and technology exposure for undergraduate and graduate STEM students; and (2) increasing post-graduation employment opportunities for STEM students who demonstrate interest in pursuing careers in quantum information science, engineering, and technology, or fields that support the quantum industry. (b) Requirement Eligible participants in the fellowship and scholarship program shall be enrolled in or have graduated from a STEM degree program at an institution of higher education. (c) Considerations Eligible fellowships and scholarships may include temporary quantum-related positions at State or Federal agencies, National Laboratories, private sector entities, institutions of higher education, or other quantum-relevant entities, as determined appropriate by the Director. (d) Competitive awards Fellowships and scholarships shall be competitively awarded through a merit-review process. The Director may prioritize fellowships that include an industry partner that provides financial assistance to the applicant for direct or indirect costs. (e) Fellows in Federal agencies subject to OMB ethics requirements An individual participating in a fellowship with an assignment at a Federal agency shall be subject to the ethics requirements prescribed by the Director of the Office of Management and Budget that apply to an employee of such agency. (f) Method The Director may carry out this section through new or existing programs.