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On March 1, 2009 from 2 pm to 5 pm at the Madison Hotel in Washington, DC, the National Science Foundation hosted a listening session, requesting input on Section 7033 of the America COMPETES (Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science) Act regarding Hispanic-serving institutions and science, technology, engineering and mathematics (STEM) education. The America COMPETES Act authorizes the National Science Foundation to establish a new program that would award grants on a competitive merit-reviewed basis to Hispanic-serving institutions or HSIs. This would supplement, but not supplant, what the Foundation already does with reference to Hispanic-serving institutions, and in connection with Hispanics in science, technology, engineering and mathematics or STEM. Introduction and welcoming remarks for the listening session were provided by: (1) Vic Santiago (Program Manager, National Science Foundation); (2) Fae Korsmo (Senior Advisor, National Science Foundation); (3) Cora B. Marrett (Acting Deputy Director, National Science Foundation); and (4) Antonio R. Flores (President & CEO, Hispanic Association of Colleges and Universities). The speakers welcomed participants to share strategies they think are appropriate, the challenges, the successes, and the failures of the implementation of the Section 7033 of the America COMPETES Act regarding Hispanic-serving institutions and STEM education. The transcript of this meeting is presented herein.