SECTION 1. SHORT TITLE; REFERENCES.

    (a) Short Title.--This Act may be cited as the ``GEAR UP & GO 
Act''.
    (b) References.--Except as otherwise expressly provided, whenever 
in this Act an amendment or repeal is expressed in terms of an 
amendment to, or repeal of, a section or other provision, the reference 
shall be considered to be made to a section or other provision of the 
Higher Education Act of 1965 (20 U.S.C. 1001 et seq.).

SEC. 2. CONTINUUM OF SERVICES.

    (a) Awards.--Section 404A(b)(2)(B) (20 U.S.C. 1070a-21(b)(2)(B)) is 
amended by inserting after ``through the completion of secondary 
school'' the following: ``or through the first year of attendance at a 
postsecondary education institution''.
    (b) Cohort Approach.--Section 404B(g)(1)(B) (20 U.S.C. 1070a-
22(g)(1)(B)) is amended by inserting after ``through the 12th grade'' 
the following ``or through the first year of attendance at a 
postsecondary education institution to students in the participating 
grade level''.
    (c) Early Intervention.--
            (1) Uses of funds.--Section 404D(b)(2) (20 U.S.C. 1070a-
        24(b)(2)) is amended by inserting after ``through grade 12'' 
        the following: ``or through the first year of attendance at a 
        postsecondary education institution''.
            (2) Priority students.--Section 404D(c) is amended by 
        inserting after ``through grade 12'' the following ``or through 
        the first year of attendance at a postsecondary education 
        institution''.

SEC. 3. CONTINUING ELIGIBILITY.

     Section 404A (20 U.S.C. 1070a-21) is amended by adding at the end 
the following new subsection:
    ``(d) Continuing Eligibility.--An eligible entity shall not cease 
to be an eligible entity upon the expiration of any grant under this 
chapter (including a continuation award). The Secretary shall require 
any such entity seeking a new grant to demonstrate the effectiveness of 
the prior programs under this chapter in its plan submitted under 
section 404C.''.

SEC. 4. FINANCIAL EDUCATION AND COUNSELING.

    Section 404D (20 U.S.C. 1070a-24) is amended--
            (1) in subsection (a)(1)(B)(i), by inserting before the 
        semicolon at the end the following: ``, and counseling and 
        education regarding financial cost requirements for college''; 
        and
            (2) in subsection (b)(2)(A)(ii), by striking ``career 
        mentoring'' inserting ``career planning and mentoring, academic 
        counseling, and financial literacy, education, or counseling 
        pertaining to the process of going to college''.

SEC. 5. SCHOLARSHIP COMPONENT.

    Section 404E(b)(2) (20 U.S.C. 1070a-25(b)(2)) is amended by 
inserting after ``section 401 for such fiscal year'' the following ``, 
or $5,800, whichever is less''.

SEC. 6. DUAL/CONCURRENT ENROLLMENT.

    (a) Amendment.--Chapter 2 of part A of title IV is amended--
            (1) by redesignating section 404G and 404H (20 U.S.C. 
        1070a-27) as sections 404H and 404I, respectively; and
            (2) by inserting after section 404F the following:

``SEC. 404G. DUAL/CONCURRENT ENROLLMENT.

    ``(a) Program Authority.--The Secretary is authorized to carry out 
a program to be known as `GEAR UP & GO', to provide growing 
opportunities for dual/concurrent enrollment, which shall be designed 
to provide low-income high school students participating in GEAR UP 
partnerships or State programs the opportunity to enroll in college 
courses while still enrolled in high school. In such program, students 
shall not be required to apply for admission to the institution of 
higher education in order to participate, and may receive college 
credit.
    ``(b) Student Eligibility.--For the purpose of this chapter, a 
student shall be eligible if the student is--
            ``(1) is enrolled in GEAR UP partnerships or State 
        programs;
            ``(2) is enrolled 10th, 11th, or 12th grade; and
            ``(3) has demonstrated academic readiness for college 
        courses as determined by the applying entity.
    ``(c) Permissible Services.--An entity receiving funding under this 
chapter may provide services such as--
            ``(1) the offering of core nonremedial college courses as 
        determined by the postsecondary institution in which 
        participating students--
                    ``(A) receive instruction from a postsecondary 
                institution faculty member at the secondary site;
                    ``(B) take courses from a postsecondary institution 
                faculty member on-site at the postsecondary 
                institution;
                    ``(C) receive college level instruction from high 
                school faculty who hold the same credentials as 
                postsecondary faculty; and
                    ``(D) enroll in an early college high school in 
                which students may earn college credit through a 
                coherent course of study leading to a postsecondary 
                degree.
            ``(2) assistance with the selection of core nonremedial 
        college courses by students;
            ``(3) tutorial services pertaining to the core nonremedial 
        college courses in which students are enrolled; and
            ``(4) purchasing books, supplies, and transportation.
    ``(d) Requirements for Approval of Applications.--In approving 
applications for GEAR UP & GO under this chapter for any fiscal year, 
the Secretary shall--
            ``(1) award funds under this program on an annual basis and 
        determine the average award;
            ``(2) take into consideration whether participating 
        students in a dual/concurrent enrollment program will receive 
        college credit;
            ``(3) require an assurance that an entity applying for 
        funding under this chapter meet the requirements of section 
        404A(c); and
            ``(4) not approve a plan unless such a plan--
                    ``(A) details the criteria used for determining 
                student academic readiness or qualifications for 
                participation in the dual/concurrent enrollment 
                program; and
                    ``(B) specifies the methods by which funds will be 
                spent for carrying out the program.
    ``(e) Authorization of Appropriations.--In addition to the sums 
authorized by section 404I, there are authorized to be appropriated to 
carry out this section $50,000,000 for fiscal year 2005 and such sums 
necessary for each of the 5 succeeding years.''.
    (b) Conforming Amendments.--Chapter 2 of part A of title IV is 
further amended by striking ``section 404H'' each place it appears and 
inserting ``section 404I''.

SEC. 7. EVALUATION, REPORT, AND TECHNICAL ASSISTANCE.

     Section 404H (20 U.S.C. 1070a-27), as redesignated by section 5(1) 
of this Act, is amended by adding at the end the following new 
subsection:
    ``(e) Technical Assistance.--In order to assist current grantees in 
strengthening partnerships, leveraging resources, and sustaining 
programs, the Secretary shall award not more than 0.75 percent of the 
funds appropriated under section 404I for a fiscal year to the national 
education organization that has served as technical assistance provider 
for this program.''.

SEC. 8. AUTHORIZATION OF APPROPRIATIONS.

     Section 404I (20 U.S.C. 1070a-28), as redesignated by section 5(1) 
of this Act, is amended to read as follows:

``SEC. 404I. AUTHORIZATION OF APPROPRIATIONS.

    ``There are authorized to be appropriated to carry out this chapter 
$500,000,000 for fiscal year 2005 and such sums as may be necessary for 
each of the 5 succeeding fiscal years.''.
GEAR UP & GO Act - Amends the Higher Education Act of 1965 to revise specified requirements for Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP) to facilitate the transition of low-income high school students into postsecondary education.

Authorizes the Secretary of Education to carry out a GEAR UP & GO program to provide low-income high school students participating in GEAR UP partnerships or State programs opportunities for dual/concurrent enrollment in college courses while still enrolled in high school. Provides that students in such program: (1) shall not be required to apply for admission to the institution of higher education; and (2) may receive college credit.
To amend the Higher Education Act of 1965 by strengthening and expanding the Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP) in order to facilitate the transition of low-income high school students into post-secondary education.