Higher education scholarships, grants, and cost exemptions.

Provides that money in the National Guard tuition supplement program fund and the National Guard scholarship extension fund may not be expended, removed, or transferred from the respective fund except to be used for the purposes of the respective fund. Provides that an eligible applicant for: (1) a scholarship under the National Guard tuition supplement program; or (2) an educational cost exemption or award; may apply for a scholarship, exemption, or award to attend a state educational institution or an approved postsecondary educational institution under certain conditions.