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08/10/2026 11:44

U.S. Plans to Invest Over $100 Million to Cultivate Domestic Scientists, Restarting the "Young Scholars Program"

    EEToday's special report on the 8th: Amid the competition in artificial intelligence (AI), the Trump administration is investing over $100 million in funding into U.S. STEM (science, technology, engineering, and mathematics) researchers training programs.

    According to a White House official, Trump will announce the program at a White House summit on Thursday. The program aims to increase the number of highly trained American citizen researchers in science and engineering disciplines by providing scholarships for doctoral programs.

    The government will also restart the "Young Scholars Program," which was terminated by the National Science Foundation in 1996. Officials said the program will receive $30 million in government funding, with an additional $50 million from other contributors, including Jane Street, a Wall Street quantitative trading giant.

    Michael Kratsios, Director of the White House Office of Science and Technology Policy, said in a statement that this investment will "help ensure the United States continues to lead global scientific discovery. The Trump administration is committed to empowering American STEM students so they can seize opportunities at the forefront of science and technology."

    Another White House official said that at Thursday's event, Trump will also announce a $100 million allocation of computing resources to the Department of Energy to advance scientific research. This resource comes from a private donation. (rc)
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