(a) The comptroller shall establish and administer a program to provide funding for approved education-related expenses of children participating in the program and has the authority to:
(1) execute contracts, agreements, and other instruments for goods and services;
(2) engage the services of private consultants, actuaries, trustees, records administrators, managers, and legal counsel for administrative and technical assistance; and
(3) perform any duty assigned to a certified educational assistance organization under this subchapter.
(b) The program confers a state benefit to program participants in addition to a free public education.