Teen Parent Graduation and College Achievement Act - Amends the Elementary and Secondary Education Act of 1965 and the Higher Education Act of 1965 to require the Secretary of Education to award grants to local educational agencies (LEAs) and institutions of higher education (IHEs) to help pregnant and parenting students stay in school by expanding their access to services.
Includes tutoring, pregnancy-related health care, child care, transportation, after-school support, academic counseling, school social work, or family planning among such services.
Requires LEA and IHE grantees to: (1) enter into partnerships and share grant funds, when appropriate, with public agencies or community-based organizations to help pregnant or parenting students stay in school; and (2) use no more than 10% of their grant for administrative costs.