Community College Teacher Preparation Enhancement Act of 2004

Community College Teacher Preparation Enhancement Act of 2004 - Amends the Higher Education Act of 1965 to establish a teacher training enhancement program. Authorizes the Secretary of Education to award matching grants to eligible entities for teacher training or preparation.

Includes among eligible entities: (1) statewide boards with jurisdiction over community colleges and four-year institutions of higher education (IHEs); (2) partnerships between statewide boards with jurisdiction over community colleges and statewide boards with jurisdiction over four-year IHEs; (3) partnerships between community colleges and four-year IHEs; or (4) community colleges offering teacher preparation programs that provide all, or a significant portion of, teacher training, postbaccalaureate certification, and professional development.

Gives priority to proposals for using grants for: (1) teacher preparation in geographic areas with shortages of highly qualified teachers; (2) preparing teachers in kindergarten through grade 12 subject content areas that have a shortage of highly qualified teachers; (3) innovative programs to address teacher training or teacher preparation; (4) outreach into secondary schools; or (5) plans to disseminate information. Requires grantees to use grant funds for at least one of specified mandatory uses. Sets forth permissive uses of grants.