Section 1018 codifies in statute the following requirements:
- Schools must provide a covered individual (a student using benefits under chapter
30, 31, 32, 33, or 35 of title 38 U.S.C., or chapter 1606 of title 10, U.S.C.) with
a personalized shopping sheet that contains:
- Estimated total cost of the course that includes tuition, fees, books, supplies and any other additional costs.
- Estimated cost of living expenses and amount of costs above that are covered by VA Education Benefits.
- Other types of Federal financial aid, not administered by VA that is offered by the institution, that covered individuals may be qualified to receive – if participating in title IV programs.
- Estimated amount of student loan debt the individual would have upon graduation.
- Information regarding graduation rates.
- Information regarding job-placement rates for graduates, if available.
- Information regarding the acceptance of transfer credits including military credits.
- Any additional requirements including training, experience, or examinations that are
required to obtain a license, Certification, or approval for which the course of education
prepares the individual.
- Other information to facilitate comparison by the individual about aid packages offered by different educational institutions.
- Personalized shopping sheets must be provided within 15 days after tuition and fees are determined for the academic year if there is a change.
- Please note that: Schools must maintain policies that,
- Inform an enrolled covered individual of the availability of federal financial aid, not administered by VA that is offered by the institution.
- Alert the individual of the potential eligibility for other federal financial aid before packaging or arranging student loans or alternative financing.
- Prohibit automatic renewal of a covered individual in a course and/or programs.
- Ensure each covered individual approves of the enrollment in a course.
- Allow enrolled members of the Armed Forces, including reserve components and National Guard to be readmitted if such members are temporarily unavailable or must suspend enrollment by reason of serving in the Armed Forces.
- Accommodate short absences for such services in the Armed Forces.
- Schools must provide covered individuals the requirements for graduation and a graduation timeline.
- Accredited educational institutions agree to obtain approval of the respective accrediting agency for each new course or program.
- Schools must designate an employee of the educational institution to serve as a point of contact for covered individuals and family members seeking assistance with: Academic Counseling, Financial Counseling, Disability Counseling, Other information regarding completing a course of education at the education institution.