Higher education; creating the Veterans Entering Teaching (VET) Act to provide certain tuition and fee assistance. Effective date. Emergency.

SB 242 creates Oklahoma's Veterans Entering Teaching (VET) Program, providing tuition and mandatory fee assistance to veterans discharged honorably from the U.S. Armed Forces who enroll in approved teacher preparation programs at Oklahoma colleges or universities. To qualify, veterans must commit to teaching in an Oklahoma public school district for three consecutive years after earning their degree. The program covers tuition and fees for degree completion (up to $2 million annually) but requires veterans to exhaust federal education benefits first and prohibits overlapping with another teacher training program. Failure to meet the teaching commitment requires repayment calculated based on months missed, with hardship waivers available.