; and (bb) the grants and scholarships described in clause (ii)(I). (II) Information on average student debt, loan repayment and default rates, loan repayment options, and graduation rates. (III) In the case of a prospective student, the process and deadlines for enrolling at the institution. (IV) Information regarding the enrollment period covered by the aid offer, and whether the cost and aid estimates are based on full-time or part-time enrollment. (D) Standardized quick reference box A financial aid offer provided by an institution of higher education shall include a standardized quick reference box to enable students to quickly and easily compare key information on college costs and financial aid— (i) that shall be included in an identical fashion for each student receiving a financial aid offer from the institution on the first page of such offer; (ii) the contents and structure of which shall be developed through consumer testing conducted under paragraph (E); and (iii) that shall include not more than 8 elements, which, at a minimum, shall include— (I) the cost of attendance; (II) grants and scholarships