No Cost Educational Resources Act This bill authorizes the Institute of Museum and Library Services to award grants to institutions of higher education (IHEs) for facilitating the adoption, adaption, and creation of open educational reading materials and establishing more open educational reading material courses. Open educational reading material refers to a free digital text that is publicly available to be downloaded and redistributed. Open educational reading material course refers to a science, technology, engineering, or math course offered by an IHE that uses only open educational reading materials as the form of the required readings for the course.