During 2009 we will be conducting a full review of our program for STEM Education for Underrepresented Groups, especially the Minority Ph.D. Program and the Sloan Indigenous Graduate Program. However, in order to avoid interrupting these programs while we conduct this review, we seek approval of funds that NACME will need to fund expected new obligations incurred during the 2009-10 academic year. NACME administers these two programs on a day-to-day basis, paying and monitoring both student scholarships and grants to campuses in the feeder component of the Minority Ph.D. program and to two special cases within that program. Grants to the campuses that participate in the Indigenous Graduate Partnership are not administered by NACME. Even while we review these programs, we are making the following immediate changes: Reducing the cost of the two programs by about 20% and imposing a cap on their spending. For AY 2009-10, the cap will be 100 new scholarships in the Minority Ph.D. program (compared to a target in recent years of 120) and 25 in the Indigenous Graduate Program compared to 33 in the current academic year. Tying each grant to NACME to a particular academic year cohort of students and to grants administered by NACME that are approved within the academic year. All renewal grants to universities that are administered by NACME will, for this year, be held to one year.