Senator Paul Simon Study Abroad Foundation Act of 2009 - Establishes in the executive branch the Senator Paul Simon Study Abroad Foundation.
Requires the Foundation to award grants, increasingly for study in nontraditional study abroad destinations, to: (1) U.S. students; (2) nongovernmental institutions that provide and promote study abroad opportunities for U.S. students, in consortium with institutions of higher education (IHEs); and (3) IHEs, individually or in consortium. Declares the sense of Congress on the distribution of such grants among individuals and institutions.
Directs the the Comptroller General to review the operations of the Foundation.