A. Except as provided for in subsection B of this section, beginning with the 2024-2025 school year, in order to graduate from a public high school accredited by the State Board of Education, students shall complete and submit a Free Application for Federal Student Aid (FAFSA). B. A student shall not be required to comply with the provisions of subsection A of this section if: 1. The student’s parent or legal guardian submits a signed form authorizing the student to opt out of the requirement of subsection A of this section; 2. A student age eighteen (18) or older submits a signed form authorizing him or her to opt out of the requirement of subsection A of this section; or 3. A school counselor authorizes a student to opt out of the requirement of subsection A of this section. C. The State Department of Education shall develop and publish: 1. Materials for students, parents, and legal guardians explaining the requirements to complete the FAFSA, the benefits to completing the FAFSA, and the opt-out provisions described in subsection B of this section; and 2. An opt-out form to be used by school districts, charter schools, and virtual charter schools for the purposes outlined in subsection B of this section. D. The superintendent of each school district in this state shall designate a school employee to collect information regarding student compliance with subsection A or B of this section. The collection and storage of the information shall comply with the Family Educational Rights and Privacy Act of 1974 (FERPA). E. The State Board of Education shall promulgate rules to implement the provisions of this section, which shall address the method by which a student is to provide proof to a school district, public charter school, or virtual charter school that the student has completed and submitted the FAFSA as required by subsection A of this section.
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