(a) A district or the department that provides a correspondence study program shall annually provide an individual learning plan for each student enrolled in the program developed in collaboration with the student, the parent or guardian of the student, a certificated teacher assigned to the student, and other individuals involved in the student's learning plan. An individual learning plan must

1. (1) be developed with the assistance and approval of the certificated teacher assigned to the student by the district;
2. (2) provide for a course of study for the appropriate grade level consistent with state and district standards;
3. (3) provide for an ongoing assessment plan that includes statewide assessments required for public schools under AS 14.03.123(f);
4. (4) include a provision for modification of the individual learning plan if the student is below proficient on a standardized assessment in a core subject;
5. (5) provide for a signed agreement between the certificated teacher assigned to the student and at least one parent or the guardian of each student that verifies compliance with an individual learning plan;
6. (6) provide for monitoring of each student's work and progress by the certificated teacher assigned to the student.