Provides for scholarships: (1) under the Teaching program, for high school seniors and second-year college students, to encourage them to enter the teaching field and become career educators; and (2) under the Partnership program, for individuals, such as teaching assistants and others currently in the education field, to complete a bachelor's degree with a State license or certification in education, through partnerships among associate-and-bachelor-degree-granting institutions.
Requires scholarship recipients to repay specified amounts if they do not fulfill certain obligations to teach in their State's public elementary or secondary schools, under such Federal Teaching and Partnership Fellows program.