We've been told to hand ours all in separately, then bound together with like, a big elastic band. Apparently they are all marked separately? Unless it says specifically to bind them separately though, I don't think you'll run into too much trouble.
As for the cover sheet- i think there are two things everyone's thinking of. One is the label that's stuck onto everything, and the other is the title page. the one I was referring to earlier was the title page (glitterfairy demonstrates how stupid she is, yet again)