(a) Notwithstanding Section 67400, by January 1, 2020, and permanently thereafter, each campus of the University of California, the California State University, and the California Community Colleges, and each independent institution of higher education as defined in Section 66010, shall provide students with the Financial Aid Shopping Sheet as developed by the United States Department of Education to inform students or individuals who have been offered admission about financial aid award packages. An institution subject to this section shall provide the completed Financial Aid Shopping Sheet when it provides in print or electronically a financial aid award package to an individual who is offered admission to the institution.

(b) In implementing this section, the institutions of higher education identified in this section may seek guidance as needed from the United States Department of Education.

(Amended by Stats. 2019, Ch. 497, Sec. 78. (AB 991) Effective January 1, 2020.)