Effective August 1, 2021, Johnny Isakson and David P. Roe, MD, Veterans Health Care and Benefits Improvement Act of 2020 requires institutions that participate in educational assistance programs of the Department of Veterans Affairs (VA) to provide additional disclosures for veterans approved for aid from the GI Bill®.
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:
Schools must offer other information to facilitate comparison by the individual about aid packages offered by different educational institutions:
PCOM's Shopping Sheet information can be found in myPCOM. After logging into myPCOM; click Self-Service in the top-right; click the Financial Aid tab; select the year; then click "College Financing Plan."
Students will be able to view information such as aid, costs and more that can easily be compared to other institutions to make an informed decision.
A useful tool for incoming students can be found at the Consumer Financial Protection Bureau's Paying for College. This resources provides detailed financial information on higher education institutions and students can enter actual information to better calculate their circumstances.
The College Scorecard is another resource for students to evaluate schools.
The National Center for Education Statistics offers the College Navigator to help students with various information when comparing schools.
The US Department of Veterans Affairs has it’s own GI Bill® Comparison Tool to compare academic programs and benefits by school.
“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 official U.S. government website at www.benefits.va.gov/gibill