I think it’s fairly normal in this context, and not overly formal. It feels like language for contracts or rules of a game. The intention is probably to put the verb right at the beginning so it is easier to know what the sentence is about: the admissions, the grading, the conditions for enrollment. If you were to put the verb in its regular place, it would be after a bunch of words and it people would have to read through all that to see what the sentence is in fact about. Here, you have “headings” and you can skip straight to what you are interested in.