Since this is a high school match we are discussing, the NFHS rules would govern this action. I don't have my NFHS rule book with me right now, but here is the applicable section from the FIFA Laws of the Game (which don't apply to high school):

An indirect free kick is awarded to the opposing team if a goalkeeper, inside his own penalty area, commits any of the following four offences:
� takes more than six seconds while controlling the ball with his hands before releasing it from his possession
� touches the ball again with his hands after it has been released from his possession and has not touched any other player
� touches the ball with his hands after it has been deliberately kicked to him by a team-mate
� touches the ball with his hands after he has received it directly from a throw-in taken by a team-mate

The indirect free kick is taken from where the offence occurred.