fbpx

VA Isakson & Roe – Section 1018 Requirements

Section 1018 of Public Law 116-315

Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvement Act of 2020, adds new requirements for educational institutions participating in the educational assistance programs of the Department of Veterans Affairs (VA). These new provisions became effective June 15, 2021 and will apply to Institutions of Higher Learning and Non-College Degree institutions beginning August 1, 2021. Many of the requirements are consistent with the requirements of the Principles of Excellence, currently in Executive Order 13607; however, there are requirements in addition to those embodied in the Principles of Excellence that schools must also satisfy to maintain approval for GI Bill® participation.

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, and estimated living expenses

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 the individual may be qualified to receive.

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.

Additional resources for comparing Finlandia University to other education institutions

Schools must provide covered individuals the requirements for graduation and a graduation timeline.

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: