The bill amends the Oklahoma National Guard Educational Assistance Act to enhance the support provided to eligible Guard members pursuing higher education. Key changes include the inclusion of program fees and other course-related fees in the assistance package, which will now be jointly reviewed by the Oklahoma State Regents for Higher Education and the Military Department of the State of Oklahoma. The State Regents are empowered to determine which fees may be ineligible for assistance, and the Department may establish caps on program participation and assistance amounts. Additionally, the bill modifies retention eligibility requirements and the reasons for which applications for assistance may be denied.

The legislation also updates statutory references and language, ensuring clarity and consistency within the law. It mandates that the Oklahoma State Regents for Higher Education and the Military Department coordinate the promulgation of rules and regulations related to the program. The bill is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.