; and (iv) helping colleges and universities produce more graduates in fields needed by American employers. (B) Defined term In this paragraph, the term STEM education means instruction in a field of science, technology, engineering, or math included in the Department of Education’s Classification of Instructional Programs taxonomy within the summary groups of computer and information sciences and support services, engineering, mathematics and statistics, biological and biomedical sciences, and physical sciences. . (c) H–1B nonimmigrant petitioner account Section 286(s) of the Immigration and Nationality Act ( 8 U.S.C. 1356(s) ) is amended by striking paragraphs (3) and (4) and inserting the following: (3) Low-income stem scholarship program (A) In general Thirty percent of the amounts deposited into the H–1B Nonimmigrant Petitioner Account shall remain available to the Director of the National Science Foundation until expended for scholarships described in section 414(d) of the American Competitiveness and Workforce Improvement Act of 1998 ( 42 U.S.C. 1869c ) for low-income students enrolled in a program of study at an institution of higher education leading to a degree in science, technology, engineering, or mathematics. (B) STEM education for underrepresented The Director shall work in consultation with, or direct scholarship funds through, national nonprofit organizations that primarily focus on science, technology, engineering, or mathematics education for underrepresented groups, such as women and minorities. (C) Loan forgiveness (i) In general The Director may allocate funds from the Account to the Secretary of Education for purposes of loan forgiveness or repayment of student loans made, insured, or guaranteed under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.), which led to a low-income student obtaining a degree in science, technology, engineering, mathematics, or other high demand fields. (ii) Definition In this subparagraph, the term low-income student has the meaning given