Synopsis As Introduced Creates the Educational Credit for Military Experience Act. Provides that before June 1, 2018, each institution of higher education shall adopt a policy regarding its awarding of academic credit for military training considered applicable to the requirements of the student's certificate or degree program. Requires the policy to apply to any individual who is enrolled in the institution of higher education and who has completed a military training course that meets certain requirements. Provides that institutions of higher education shall develop procedures for evaluating courses and awarding credit. Requires institutions of higher education to submit their policies for awarding credit to the Board of Higher Education and the Illinois Community College Board for review before June 30, 2018 and before June 30 of every other year thereafter. Requires the Board of Higher Education to collect data in the Illinois Higher Education Information System on students who are veterans or have military service to assess enrollment and completions outcomes.