To amend the Individuals with Disabilities Education Act to direct the Secretary to provide additional funds to States to establish and make disbursements from high cost funds.

IDEA High Cost Pool Funding Act This bill amends the Individuals with Disabilities Act to establish additional grants for the purpose of assisting states in addressing the needs of high-need children with disabilities. The bill establishes limitations on grant amounts and how grant funds may be used. To be eligible to receive such a grant, a state shall: (1) provide matching funds equal to at least 25% of the grant amount; and (2) provide any information that the Department of Education may require, as specified by the bill. A state may request a waiver of certain grant requirements that are incompatible with aspects of the state's governmental structure.