(A) As used in this section, “school governing authority” means any of the following:

(1) The governing authority of a community school established under Chapter 3314 of the Revised Code;

(2) The governing body of a STEM school established under Chapter 3326 of the Revised Code;

(3) The board of trustees of a college-preparatory boarding school established under Chapter 3328 of the Revised Code;

(4) The governing authority of a chartered nonpublic school.

(B) Each school district board of education and each school governing authority that operates a high school shall enter into a data sharing agreement with the chancellor of higher education for the purposes of operating the free application for federal student aid data system established under section 3333.301 of the Revised Code. Each school district or school shall provide principals and school counselors with access to the data system to assist with efforts to support and encourage students to complete the free application for federal student aid form.