Diversifying by Investing in Educators and Students to Improve Outcomes For Youth Act or the Diversify Act This bill increases the maximum grant award under the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program. The TEACH program awards grants to college students who plan to teach in low-income areas. The bill also exempts the TEACH program from sequestration, which is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.