To ensure that student records maintained under this title are relevant and accurate, a local school system and educational institution regulated by the State Board of Education shall provide for review and updating of student records. Changes in identifying information, results of individual and group standardized tests, and health data shall be made within a reasonable time after these changes occur during the school year. Review of student records shall occur at least under the following conditions: When a student transfers to the next higher organizational unit, such as from elementary to middle school level; When a student graduates from high school; and When a student withdraws for any other reason. Each principal of an educational institution shall certify annually in writing to the local superintendent the accuracy of student data maintained in the student records at the educational institution.