A bill to further the national security of the United States and the Nation's economy by providing grants for foreign language programs to improve foreign language study for elementary and secondary school students and to provide for per capita grants to reimburse institutions of higher education for part of the costs of providing foreign language instruction.

Directs the Secretary of Education to make grants to State educational agencies to fund model programs, designed and operated by local educational agencies, for the improvement and expansion of foreign language study for children aged five through 17 who reside within their school districts. Sets forth formulas for determining the amount of such grants based on State population. Sets forth provisions relating to the availability of such funds. Sets forth grant application requirements for State educational agencies.

Directs the Secretary to make grants to institutions of higher education to cover part of the costs of foreign language instruction for their students. Sets forth formulas to determine whether an institution is eligible for such grants, based on the percentage of its student body enrolled in qualified postsecondary language courses. Authorizes the Secretary to establish standards, including reporting requirements, for programs assisted by such grants. Sets forth formulas for determining the amounts of such grants, based on numbers of students enrolled in such courses.

Directs the Secretary to make grants to each institution of higher education which requires at least two years of postsecondary credits in foreign language (or a competency equivalent) for each graduating student. Sets forth formulas for determining the amounts of such grants, based on the number of students enrolled in the institution.

Prohibits any grant or contract under this Act except to such extent, or in such amounts, as may be provided in appropriation Acts.

Authorizes appropriations for fiscal years 1983 through 1985 to carry out grant programs under this Act.