; and (vi) provide notice to students outlining the data included in the system and how the data are used. (D) Limitation The data system developed under this subsection may only include data with respect to— (i) students receiving— (I) Federal financial assistance under title IV of this Act; or (II) veteran’s education benefits, as defined in section 480(c); and (ii) participants in a program described in section 116(b)(3)(A)(ii) of the Workforce Innovation and Opportunity Act ( 29 U.S.C. 3131(b)(3)(A)(ii) ). (2) Data elements (A) In general Not later than 3 years after the date of enactment of the College Cost Reduction Act , the Commissioner, in consultation with the Postsecondary Student Data System Advisory Committee and the Director, established under subparagraph (B), shall determine— (i) the data elements to be included in the postsecondary student data system, in accordance with subparagraphs (C) and (D); and (ii) how to include the data elements required under subparagraph (C), and any additional data elements selected under subparagraph (D), in the postsecondary student data system. (B) Postsecondary student data system advisory committee (i) Establishment Not later than 1 year after the date of enactment of the College Cost Reduction Act , the Commissioner, in consultation with the Director, shall establish a Postsecondary Student Data System Advisory Committee (referred to in this subsection as the Advisory Committee ), whose members shall include— (I) the Chief Privacy Officer of the Department or an official of the Department delegated the duties of overseeing data privacy at the Department; (II) the Chief Security Officer of the Department or an official of the Department delegated the duties of overseeing data security at the Department