In order for a veteran to qualify for the benefits provided in this act, the applicant must:
1. Have an honorable discharge from the armed forces of the United States of America;
2. Have served a minimum of eighteen (18) consecutive months' active duty between the dates of August 10, 1964, and December 31, 1976, or shall have been discharged with a service-connected disability;
3. Be able to establish that he or she was a bona fide resident of the State of Oklahoma at the time of entry into the military service;
4. Accept the benefits of free tuition within fifteen (15) years following his discharge or release from the armed forces; and 5. Satisfy the entrance and eligibility requirements imposed by the technology center school.