Youth Service Scholarship Act of 2005 - Amends the Higher Education Act of 1965 to establish a Public Service Incentives college scholarship program to reward low-income students who have, during high school, and who continue, during college, to make significant public service contributions to their communities. Requires 300 hours of public service by the student: (1) during each of two academic years of secondary school, to be eligible for a scholarship for the first year of college; and (2) during the preceding postsecondary academic year, to be eligible for a second, third, or fourth year. Requires such students to: (1) have been eligible for a free or reduced price lunch under the Richard B. Russell National School Lunch Act; and (2) be eligible to receive Federal Pell Grants in the year in which the scholarships are awarded. Sets the scholarship amount at $5,000 for any academic year during a student's first four years of undergraduate education, and provides for adjustments of such amount in the event of insufficient appropriations. Requires applications to demonstrate maintenance of satisfactory academic progress and at least a 3.0 grade point average. Requires program dissemination and promotion.
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