Establishes a scholarship program for reserve forces members studying at eligible institutions.

The bill creates the armed forces reserve component scholarship program within the college student aid commission. It provides scholarships to members of the reserve forces of the United States armed forces who are enrolled as full-time students in eligible institutions. Eligible institutions include community colleges, institutions under the state board of regents, or accredited private institutions. Eligible students must be Iowa residents, members of a reserve component, and enrolled in an eligible institution.

Establishes a scholarship program for reserve forces members studying at eligible institutions.

The bill creates the armed forces reserve component scholarship program within the college student aid commission. It provides scholarships to members of the reserve forces of the United States armed forces who are enrolled as full-time students in eligible institutions. Eligible institutions include community colleges, institutions under the state board of regents, or accredited private institutions. Eligible students must be Iowa residents, members of a reserve component, and enrolled in an eligible institution.