Advanced Education Options; Citing this act as the “Raising Achievement by Improving Standards and Earnings (RAISE) Act”; requiring certain district school boards and private high schools to enter into dual enrollment articulation agreements and private school articulation agreements, respectively; creating the advanced education options supplement; authorizing a scholarship-funding organization (SFO) to retain a specified amount of the supplement for administrative expenses; providing values for students who receive specified diplomas, receive passing scores in specified courses, pass certain relevant exams, or are enrolled in specified courses, etc.