Section 1018 Requirements
Section 1018 of Public Law 116-315,Ìý, adds new requirements for educational institutions participating in the educational 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 theÌý, 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) through the Financial Aid Office.Ìý
Additional Information
Estimated total cost of the course that includes tuition, fees, books, supplies, and any other additional costs:
Estimated Cost of Attendance (the COA budgets include both direct costs and indirect costs):
Estimated Cost of Living Expenses:
Resources for Estimating Costs:
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)
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:
Students who apply for and are awarded a financial aid award can also view the type and amount of Federal financial aid on their College Financing Plan.
Estimated amount of student loan debt the individual would have upon graduation:
Acceptance of Transfer Credits, including Military Credits:
Any additional requirements including training, experience, or examinations required to obtain a license, certification, or approval for which the course of education is designed to provide preparation
A consumer tool that is designed to simplify the information that prospective students receive about costs and financial aid so that they can easily compare institutions and make informed decisions about where to attend school. The College Financing Plan may be found in the student’s Financial Aid Self-Service portal.
- A consumer planning tool and resource to assist prospective students and their families as they evaluate options in selecting a school.
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- A consumer tool that provides school information to include tuition and fees, retention and graduation rates, use of financial aid, student loan default rates and features a cost calculator and school comparison tool.
Estimated total cost of the course that includes tuition, fees, books, supplies, and any other additional costs:
Estimated Cost of Attendance (the COA budgets include both direct costs and indirect costs):
Estimated Cost of Living Expenses:
Resources for Estimating Costs:
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)
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:
Students who apply for and are awarded a financial aid award can also view the type and amount of Federal financial aid on their College Financing Plan.
Estimated amount of student loan debt the individual would have upon graduation:
Acceptance of Transfer Credits, including Military Credits:
Any additional requirements including training, experience, or examinations required to obtain a license, certification, or approval for which the course of education is designed to provide preparation
A consumer tool that is designed to simplify the information that prospective students receive about costs and financial aid so that they can easily compare institutions and make informed decisions about where to attend school. The College Financing Plan may be found in the student’s Financial Aid Self-Service portal.
- A consumer planning tool and resource to assist prospective students and their families as they evaluate options in selecting a school.
Ìý
- A consumer tool that provides school information to include tuition and fees, retention and graduation rates, use of financial aid, student loan default rates and features a cost calculator and school comparison tool.
This institution is approved to offer GI Bill® educational benefits by the Virginia State Approving Agency. GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the officialÌý.