H-1B Visa Fees Create 87,000 College Scholarships For U.S. Students

forbes | April 04, 2019

The most common complaint about employment-based immigration is that the United States should do more to train and educate Americans for high-tech jobs. Some may ask: What if there was a way to fund college scholarships and job training for Americans every time a company hired a high-skilled foreign national? In fact, such a law already exists.One of the best-kept secrets in immigration is that companies pay a scholarship and training fee of $1,500 for each initial H-1B petition (and extension), which has raised approximately $5 billion since 1999. Thirty percent of the money goes to the National Science Foundation (NSF) to fund scholarships for U.S. students in science and engineering, 10% supports program for K-12 students and teachers in science and 50% is allocated to the Department of Labor (DOL) to provide training for U.S. workers. “Approximately 87,890 students have received scholarships ranging from one to four years from Fiscal Year (FY) 1999 through September 30, 2018,” according to the National Science Foundation. College scholarship amounts are as high as $10,000 per year for a U.S. student in a science and engineering field. The National Foundation for American Policy (NFAP) obtained the information and included it in a new study on employer-paid H-1B fees. The study notes that at the current pace employers filing for H-1B visas soon will have supported scholarships for over 100,000 U.S. university students through H-1B fees. The scholarships are for U.S. students pursuing degrees in math, engineering and computer science.

Spotlight

The B2B buyer journey has always been complex. And today, with the ever-changing demands of the modern industry buyer, it has become even more necessary to rethink the buyer journey, creating a future-ready digital experience

Spotlight

The B2B buyer journey has always been complex. And today, with the ever-changing demands of the modern industry buyer, it has become even more necessary to rethink the buyer journey, creating a future-ready digital experience

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