; (B) by applicants who were pathway two applicants for such year; (C) by applicants who were pathway three applicants for such year; and (D) to the extent practicable, by applicants who enrolled in an institution of higher education for such award year. (k) Secretarial requirements Not later than the effective date of this Act, the Secretary of Education, in consultation with the Secretaries of Defense and Veterans Affairs, shall develop and finalize a financial shopping sheet that ensures each institution of higher education provides meaningful information about the financial cost and quality of such institution to students (including students who have authorized the Department of Education to send the student’s Institutional Student Information Record to such institution) to assist such students in determining how to use financial aid to attend such institution, and which— (A) is standardized so that it can be used by all institutions of higher education; (B) is consumer tested, and presented in a manner that is simple and easily understandable; and (C) is personalized for each student who receives such sheet by including— (i) the cost of attendance of the educational program in which the student is enrolled or seeks to be enrolled; (ii) the type of Federal educational benefits available to assist in covering such cost of attendance, including loans and grants under title IV of the Higher Education Act of 1965; (iii) the amount of financial aid, including Federal, State, institutional, or other aid that can be used to assist in covering such cost of attendance; (iv) information about student outcomes for students who graduate from such educational program, including, based upon the most recent data available— (I) the graduation rate; (II) the loan repayment rate; and (III) the estimated loan debt upon graduation