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HR 3265 114th Congress House Education Government information and archives Government lending and loan guarantees Higher education Student aid and college costs Tax administration and collection, taxpayers Wages and earnings

Student Financial Aid Simplification Act

Introduced: July 28, 2015 Introduced by: Welch, Peter Democratic · Vermont See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2015
Referred to the Subcommittee on Higher Education and Workforce Training.
Jul 28, 2015
Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 28, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Student Financial Aid Simplification Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to determine a student's financial need and federal financial aid eligibility by using tax return information, unless such student qualifies for the simplified needs test or a zero expected family contribution.

It amends the Internal Revenue Code to authorize the Internal Revenue Service (IRS) to disclose certain tax return information to the Department of Education (ED). Students must submit to ED certain supplemental information not available from the IRS.

The bill requires ED to provide such tax return information to states and institutions of higher education, without charge, for use processing loan applications and determining institutional and state financial aid awards.

What's happening now November 16, 2015

Referred to the Subcommittee on Higher Education and Workforce Training.

 Committees of jurisdiction 3