Mathematics Education Act of 1992

[AI summary unavailable — showing source text] Mathematics Education Act of 1992 - Establishes the Fund for the Improvement of Mathematics (the Fund) to provide grants to schools to: (1) improve mathematics education; and (2) implement the Curriculum and Evaluation Standards for School Mathematics (the Standards). Directs the Secretary of Education (the Secretary) to select to administer the Fund a national education professional association which has demonstrated at least a ten-year professional and financial commitment to improving mathematics education and which provides specified assurances. Requires that priority in funding and assistance be given to schools in the most disadvantaged areas in a State. Directs the Fund to provide grants to schools and institutions of higher education to improve mathematics education and meet the goals outlined in the Standards. Sets forth requirements for applications to the Fund for grants and contracts. Authorizes appropriations.…