The benefits provided in this chapter shall be paid from an annual appropriation from the Education Trust Fund to reimburse every Alabama state institution of higher learning, college, university, or Alabama community or technical college in which benefits are given to veterans, their wives, widows, or children under this chapter. Such reimbursement shall be made timely at the end of each academic quarter or semester for all tuition reimbursements for the certified invoices submitted by such institution or school to the State Department of Veterans' Affairs, and shall be supported by names of the students receiving such benefits, together with the amounts claimed for each student. Any amount of in-state tuition, books, or fees not paid by the combination of federal, state, and third party funds may be billed to students receiving such benefits or waived by the institution or school.