This bill aims to provide tuition-free education for the dependent children of veterans who either died or became disabled due to service-related injuries or illnesses. Specifically, it allows these eligible students to receive up to 60 credit hours tuition-free for an associate degree and up to 120 credit hours for a baccalaureate degree at public institutions of higher education in New Jersey. To qualify, the dependent child must meet several criteria, including being a New Jersey resident, having no federal veterans education benefits that exceed the tuition-free credit hours, maintaining satisfactory academic progress, and applying for all available state and federal grants and scholarships.

Additionally, the bill stipulates that the State will reimburse public institutions of higher education for the costs incurred from waiving tuition for these eligible students. This initiative is designed to support the families of veterans and ensure that they have access to higher education without the burden of tuition fees. The act is set to take effect immediately upon passage.