Requires the student achievement council to: (1) Administer the open educational resources grant pilot program for the four-year institutions of higher education; and

(2) Develop an application form for a grant and a process for: Reviewing and selecting grant applicants; awarding grant funding; and the grant awardee to report back to the council on the use of the grant.

Requires the state institute for public policy to conduct a study on the cost of textbooks and course materials and the use of open educational resources at four-year institutions of higher education.