The bill amends the Oklahoma National Guard Educational Assistance Act to expand the types of fees covered under the program, which now includes program fees and any other fees for courses in addition to resident tuition and mandatory fees. It directs the Oklahoma State Regents for Higher Education and the Military Department of the State of Oklahoma to jointly review these fees and allows the State Regents to determine which fees may be ineligible for program assistance. The bill also authorizes the Department to establish caps on program participation and modifies the eligibility criteria for retention, including the requirement for Guard members to possess a Military Occupational Specialty (MOS) or Air Force Specialty Code (AFSC) after their first semester.

Additionally, the bill updates statutory references and language, ensuring that the program aligns with current educational standards and practices. It mandates that the Oklahoma State Regents and the Military Department coordinate the promulgation of rules and regulations related to the program. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.