Synopsis As Introduced Amends the Board of Higher Education Act, various Acts relating to the governance of public universities in Illinois, and the Public Community College Act. Requires public institutions of higher education to establish a policy regarding currently enrolled students who are called to or enlist in active military service. Requires the policy to provide that any student enrolled in a course or courses at the institution shall not incur academic or financial penalties by virtue of performing military service on behalf of the United States. Provides that the student must be permitted the option of either completing the course or courses at a later date without penalty or withdrawing from the course or courses with a full refund of fees paid. Provides that if the student chooses to withdraw, the student's record shall reflect that the withdrawal is due to active military service. Effective July 1, 2004.