Two suggestions
1. When a prospect fills out the initial part of the application (name, email address, etc), required fields are not indicated by a red asterisk as they are in Part II of the application form. It would be consistent UI to indicate required fields with a red asterisk.
2. When an applicant fills out an application form and clicks submit, if he fails to complete a required field, there is no visual indication to indicate which required field he missed. That would be helpful to the student.