Each Florida College System institution board of trustees shall adopt a policy that: 1) specifies the granting of credit for military training, 2) utilizes the American Council on Education Guide to the Evaluation of Educational Experiences in the Armed Services, 3) specifies the use of military credit toward degree program requirements, and 4) allows for transfer, when applicable. Additionally, the credit shall be noted on the student’s transcript and the policy shall be published in the college’s catalog. Florida College System institutions that offer priority course registration for a segment of the student population shall provide priority course registration for each veteran of the United States Armed Forces.