H.R. 10518 — Diversify Act

This section doubles the maximum TEACH Grant award to $8,000 (from $4,000) per year and aggregate limits to $32,000 (from $16,000) and $16,000 (from $8,000). It excludes institutions described in section 102(a)(1)(A) from eligibility, requires all disbursements to cover full cost of attendance, adds high-need early childhood education programs as qualifying service, prohibits monetary penalties for incomplete service, and directs the Secretary to issue an electronic completion certificate.

This section exempts TEACH Grants under subpart 9 of part A of title IV of the Higher Education Act of 1965 from reduction under any sequestration order issued under the Balanced Budget and Emergency Deficit Control Act of 1985. The exemption applies to orders issued on or after the date of enactment.