(a) Purpose It is the purpose of this part to assist consortia of public and private entities
(1) to carry out programs that prepare prospective teachers to use advanced technology to prepare all students to meet challenging State and local academic content and
student academic achievement standards; and
(2) to improve the ability of institutions of higher education to carry out such programs.
(b) Program authority
(1) In general
The Secretary is authorized to award grants to eligible applicants, or enter into contracts or cooperative agreements with eligible applicants, on a competitive basis in order to pay for the Federal share of the cost of projects to develop or redesign teacher preparation programs to enable prospective teachers to use advanced technology effectively in their classrooms.
(2) Period of awards
The Secretary may award grants, or enter into contracts or cooperative agreements, under this part for periods that are not more than 5 years in duration.