The bill amends the law regarding tuition benefits for soldiers and airmen of the Arkansas National Guard by expanding eligibility to include those attending certain private two-year and four-year colleges and universities. Specifically, it allows these individuals to receive a tuition benefit equivalent to what they would have received if they were enrolled in a state-supported institution. This change aims to provide greater educational opportunities for members of the National Guard.

Additionally, the bill defines "private institution of higher education" as a private, nonprofit college or university located in Arkansas that is eligible for Title IV federal student aid funds. This clarification ensures that the tuition benefits are directed towards recognized institutions that meet specific federal criteria, thereby enhancing the educational support available to Arkansas National Guard members.