Under provisions of the bill, an institution of higher education shall award to an undergraduate student course credit for all physical education courses required by the institution for an undergraduate degree and for additional credit hours (not to exceed 12) that may be applied to satisfy any elective requirements if the student graduated from a public or private high school in this state or from a high school operated by the United States Department of Defense and was discharged because of a disability. Depending on the number of students who would be granted course credit, there could be an indeterminate fiscal impact to the institutions based on tuition revenue not being collected and an indeterminate fiscal impact to the State based on formula funding derived from those credit hours.

The bill would require the Higher Education Coordinating Board, in consultation with institutions of higher education, to determine a standard fee for a course offered through a ROTC program that takes into account the average statewide costs per student to an institution in providing the program. This cost would not include any reimbursement or other amounts the institution receives from the applicable military service or other source for offering the course. Except as otherwise provided in the bill, the governing board of each institution may not charge a student enrolled in an ROTC course an amount for the course in excess of the fee as determined by the Higher Education Coordinating Board. It is assumed that any impact to institutions in terms of lost revenue associated with these courses would be minor.