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 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.

Estimated Total Costs

The Financial Aid Shopping Sheet is a standardized form developed by the U.S. Department of Education to simplify the information prospective students receive about costs and financial aid to compare institutions when deciding where to attend. You can view your UMBC Shopping Sheet via your myUMBC account when you view your financial aid package. For details on how to access your financial aid package, please view our instructional video.

Estimated Cost of Attendance

Estimated Cost of Living Expenses

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).

  • Chapter 30: The benefit is paid directly to the student. It is advisable for students to plan ahead and make payment arrangements with the Student Business Services (SBS). Stipends are provided only for the months of reported school attendance.
  • Chapter 31: The benefit is paid to both the student and the institution. The Veterans Readiness and Employment (VRE) program under Chapter 31 covers tuition and fees. The VA sends the tuition and fees directly to the institution. Chapter 31 VRE does cover all tuition and fees, including course material fees, bookstore fees, and in some cases parking.
  • Chapter 33: The benefit is paid to both the student and the institution. The Post 9/11® program under Chapter 33 will cover tuition and fees based on the percentage set by the VA. The payment for tuition and fees is sent directly to the institution by the VA. Similar to other benefits, stipends are provided for the months of reported school attendance.
  • Please be aware that the Office of Financial Aid will coordinate your Chapter 33 benefits with any other financial aid offered to ensure there are no conflicts with aid specifically designated to cover tuition and fees or impacts other need-based aid. By law, the VA is the last payor of tuition and fees under Chapter 33. This means if additional funding sources exist, tuition and fees will be paid utilizing those funds first. If any costs remain, the VA pays last.
  • Chapter 35: The benefit is paid directly to the student. It is advisable for students to plan ahead and make payment arrangements with Student Business Services. Stipends are provided only for the months of reported school attendance.
  • Chapter 1606: The benefit is paid directly to the student. It is advisable for students to plan ahead and make payment arrangements with the Bursar’s Office. Stipends are provided only for the months of reported school attendance.

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:

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

Graduation Rates

Job Placement Rates

Acceptance of Transfer Credit, Including Military Credit

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.

Please see your academic advisor or program chair to determine if you will need any additional licenses, certifications, examinations, or training in order to work in your field of study.

Other Resources for comparing aid packages offered by offered by different educational institutions

College Scorecard: A consumer planning tool and resource to assist prospective students and their families evaluate options in selecting a school. Users can compare colleges by their fields of study, costs, admissions, and more categories.

College Navigator: A consumer tool that provides school information to include tuition and fees, retention and graduation rates, use of financial aid, and student loan default rates and features a cost calculator and school comparison tool.

How to view your Financial Aid on myUMBC: