High school students; completion of certain applications for student financial aid required.

High school students; completion of certain applications for student financial aid required; opt-out; exemption. Requires each high school student in the Commonwealth or, in the case of such a high school student who is a minor, the student's parent, prior to such student's graduation from high school, to (i) submit the Free Application for Federal Student Aid (FAFSA) to the U.S. Department of Education or, if applicable, the Virginia Alternative Student Aid (VASA) application to the State Council of Higher Education for Virginia and confirm such submission in writing to the school board in the local school division in which the student resides or (ii) opt out of the requirements set forth in clause (i) in writing by submitting to the school board in the local school division in which the student resides an opt-out form developed by the Department of Education and made available to the student or his parent by such school board. The bill requires any school board that cannot obtain either such written confirmation or such written opt-out form for any high school student who resides in the local school division after making reasonable efforts to do so to exempt such student from such requirements. The bill also provides that no high school student who fails to provide such written confirmation or written opt-out form shall be subject to any punitive measure as the result of such failure, including withholding the student's high school diploma, and that no school board or employee thereof shall disclose any personally identifiable information or aggregate data related to the above mentioned requirements to any individual or entity outside of the local school division, including to any local, state, or federal entity or any constitutional officer.