They have a spot for your child's name, school year, teacher's name, and school name. I also like that it has a place for their school picture.
This is all I'm keeping from his first year of MDO. Teacher's notes, hand print and foot print art, his "report card" from the first and last day of school, his pictures from the first and last day, a photo album his teachers made of him through out the year, my blog post about his last day and his coloring sheet of the zebra. I am not kidding when I say those blue scribbles on the zebra is the most he has ever colored on a page. Every picture they sent home always had a straight line down the middle of the page and that was it. Haha! He is all boy.
I love this system. It keeps the clutter down, forces me to be picky about what I keep and the best part is that it will have everything in one place. His future wife will thank me one day. ;) Ha!