The funding is coming from the National Math and Science Initiative (NMSI), which was launched in March 2007 in response to the National Academies Rising Above the Gathering Storm report that calls for improving American students' performance in math and science to increase global competitiveness.
In addition to the AP grants, NMSI is expected to award funds to up to 10 universities for UTeach programs, which encourage math and science majors to pursue teaching credentials during their undergraduate course study.
Among NMSI's funders are Exxon Mobil Corporation, with a $125 million contribution, and the Michael and Susan Dell Foundation and the Bill and Melinda Gates Foundation.
More information on NMSI is available at: http://www.nationalmathandscience.org
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