Bill Detail
H.R. 6502
Congress: 119
Title
College Financial Aid Clarity Act of 2025
Summary
College Financial Aid Clarity Act of 2025 This bill requires the Department of Education (ED) to develop, and for institutions of higher education (IHEs) to use, a standardized, consumer-tested format for all financial aid offers. Any financial aid offer must include specified details and disclosures, including (1) cost information (e.g., cost of attendance and net price); (2) disclosures related to loans (e.g., applicable interest rates); (3) information on student employment opportunities; and (4) next steps for accepting, adjusting, or declining financial aid. Each IHE that participates in federal student aid programs must (1) include the required information for all financial aid offers (including paper, mobile, or electronic offers), (2) provide supplemental content and disclosures (e.g., requirements for renewing financial aid), and (3) use consistent terminology for all communications related to financial aid offers.
Sponsor
Rep. Lisa McClain [R-MI-9]
Status
Placed on the Union Calendar, Calendar No. 394.
Status as of Aug 5, 8:38 PM · synced 8d ago
Introduced
2025-12-09
Data source mode: congress-gov
Bill Engagement
College Financial Aid Clarity Act of 2025 This bill requires the Department of Education (ED) to develop, and for institutions of higher education (IHEs) to use, a standardized,…
Lobbyists on the case
- American Federation of Teachers2 filings · 5 lobs
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