Educational costs exemption.

Provides that an eligible applicant is entitled to enter, remain, and receive instruction in an approved postsecondary educational institution (institution) upon the same conditions, qualifications, and regulations prescribed for other applicants for admission to or scholars in the institution without the payment of any educational costs for a certain number of credit hours at the institution. Provides that the maximum amount that an eligible applicant is exempt from paying for a semester hour is an amount equal to, if the applicant enrolls in an institution, the cost of an average of an undergraduate semester credit hour at all state educational institutions not including Ivy Tech Community College, as determined by the commission for higher education.