The proposed bill aims to establish a new chapter in the North Dakota Century Code that creates the Army Forces Reserve Component Scholarship Program. This program is designed to provide scholarships to eligible members of the reserve components of the U.S. military who are enrolled as full-time students at institutions of higher education. The bill outlines specific definitions, eligibility criteria, and scholarship amounts, stating that the State Board of Higher Education will administer the program, approve applicants, and process applications without regard to financial need or discrimination based on sex, race, or religion.

Eligible applicants must be active members of a reserve component, enrolled in a degree-granting program or an approved nursing program, and must not have received prior financial assistance under certain chapters. The scholarship will cover 100% of tuition for those attending state-controlled institutions or the lesser of 100% of tuition or the average tuition of all institutions for others. Additionally, the bill includes provisions for students called to active duty, ensuring they are not penalized academically and detailing how their eligibility units will be managed. The State Board of Higher Education is also empowered to adopt necessary rules for the program's implementation.