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Isakson and Roe Section 1018 Requirements

Section 1018 of Public Law 116-315

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 ³ÉÈË¿ì²¥al institutions participating in the ³ÉÈË¿ì²¥al assistance programs of the U.S. Department of Veterans Affairs (VA). These new provisions became effective June 15, 2021 and 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 which schools must also satisfy to maintain approval for GI Bill® participation.

Universities will provide financial information to students 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 College Financing Plan (personalized shopping sheet) that contains:

Estimated total cost of the course that includes tuition, fees, books, supplies and any other additional costs

Cost of Attendance: the information is provided to assist students and families with financial planning. 

• Undergraduate Tuition/Fee Rates
• Graduate Tuition/Fee Rates

Estimated Costs Assistance:

• Net Price Calculators
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Amount of costs that are covered by VA Education Benefits (Chapter 30, 31, 33, 35 and 1606, amount dependent on the eligibility of the student) determined by the U.S. Department of Veterans Affairs (VA)

• ³ÉÈË¿ì²¥ GI Dependents Scholarship
  
  

Type and amount of Federal financial aid, not administered by VA, and financial aid offered by the institution, that the individual may be qualified to receive

• Financial Aid Options
  
  

Estimated amount of student loan debt the individual would have upon graduation

Information regarding graduation rates

• Graduation Rates