This Act may be cited as the Diversifying by Investing in Educators and Students to Improve Outcomes For Youth Act or the Diversify Act.

Subpart 9 of part A of title IV of the Higher Education Act of 1965 (20 U.S.C. 1070g et seq.U.S. Code — Title 20, Section 1070g and followingView official source on GovInfo) is amended— (1) in section 420L(1), by inserting (except that such term does not include an institution described in subsection (a)(1)(A) of section 102) after 102; (2) in section 420M— (A) in subsection (a)(1), by striking $4,000 and inserting $8,000; (B) in subsection (b)(3), by striking the second and third sentences and inserting the following: Any disbursement allowed to be made by crediting the teacher candidate's account shall be used for the full cost of attendance (as defined in section 472).; and (C) in subsection (d)— (i) in paragraph (1)(B), by striking $16,000 and inserting $32,000; and (ii) in paragraph (2), by striking $8,000 and inserting $16,000; and (3) in section 420N— (A) in subsection (b)— (i) by striking paragraphs (2) and (3); (ii) by striking an agreement and all that follows through the applicant will and inserting an agreement by the applicant that the applicant will; (iii) by redesignating subparagraphs (A) through (E) as paragraphs (1) through (5), respectively, and moving the margins of such paragraphs (as so redesignated) 2 ems to the left; (iv) in paragraph (3), as so redesignated, by redesignating clauses (i) through (vii) as subparagraphs (A) through (G), respectively, and moving the margins of such subparagraphs (as so redesignated) 2 ems to the left; (v) in paragraph (2), as redesignated by clause (iii), by striking teach in a school described in section 465(a)(2)(A) and inserting teach in a school described in section 465(a)(2)(A) or teach in a high-need early childhood education program (defined in section 200(9)); (vi) in paragraph (3), as redesignated by clause (iii)— (I) in subparagraph (F), as redesignated by clause (iv), by striking or after the semicolon; (II) in subparagraph (G), as redesignated by clause (iv), by inserting or after the semicolon; and (III) by adding at the end the following: (H) early childhood education;; and (vii) in paragraph (4), as redesignated by clause (iii), by striking subsection (d)(5) and inserting subsection (e)(5); (B) by striking subsection (c) and inserting the following: (c) Certificate Upon the completion of the service requirement in subsection (b), the Secretary shall send to the recipient of a grant under this subpart an electronic certificate documenting the completion of such service.; (C) by redesignating subsection (d) as subsection (e); (D) by inserting after subsection (c) the following: (d) Prohibition The Secretary may not institute or create a monetary penalty for failure or refusal to complete the service requirement under subsection (b).; and (E) in subsection (e), as redesignated by subparagraph (C)— (i) in paragraph (1)— (I) by striking subsection (b)(1)(C)(vii) and inserting subsection (b)(3)(G); and (II) by striking subsection (b)(1) and inserting subsection (b); (ii) in paragraph (3)— (I) by striking subsection (b)(1)(D) and inserting subsection (b)(4); and (II) by striking subsection (d)(5) and inserting paragraph (5); (iii) in paragraph (4)— (I) by striking subsection (b)(1)(B) and inserting subsection (b)(2); and (II) by striking subsection (b)(1)(C) and inserting subsection (b)(3); and (iv) in paragraph (5)— (I) in subparagraph (A), by striking subsection (b)(1)(D) and inserting subsection (b)(4); and (II) in subparagraph (E), by striking subsection (b)(1)(D) and inserting subsection (b)(4).

(a) Exemption of program from sequestration Section 255(h) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 905(h)U.S. Code — Title 2, Section 905(h)View official source on GovInfo) is amended by inserting after the item relating to Supplemental Security Income Program (28–0406–0–1–609). the following new item: TEACH Grants under subpart 9 of part A of title IV of the Higher Education Act of 1965.. (b) Applicability The amendment made by this section shall apply to any sequestration order issued under the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 900 et seq.U.S. Code — Title 2, Section 900 and followingView official source on GovInfo) on or after the date of enactment of this Act.