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H.R. 4343 116th Congress House

FACT Act of 2019

Official title: To amend the Higher Education Act of 1965 to direct the Secretary of Education to publish requirements for financial aid offers to be provided by institutions … Show full official titleShow less

Official title: To amend the Higher Education Act of 1965 to direct the Secretary of Education to publish requirements for financial aid offers to be provided by institutions of higher education to enrolled and prospective students, and for other purposes.

Introduced: September 17, 2019 Introduced by: Lori Trahan Democratic · Massachusetts See on congress.gov
Education Administrative law and regulatory proceduresConsumer affairsEducation of the disadvantagedElementary and secondary education
More subjectsShow fewer subjects
Employment and training programsGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsHigher educationSchool administrationStudent aid and college costsVeterans' education, employment, rehabilitation
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2019
Introduced in House
Sep 17, 2019
Referred to the House Committee on Education and Labor.
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 Latest action September 17, 2019

Referred to the House Committee on Education and Labor.

 Plain-English summary Congressional Research Service

Financial Aid Communication and Transparency Act of 2019 or the FACT Act of 2019

This bill requires the Department of Education (ED) to publish certain requirements for financial aid offers.

ED must conduct consumer testing to serve as the basis for determining such requirements for financial aid offers, and a financial aid offer must contain information such as cost of attendance and sources of available financial aid. An offer must also contain a standardized quick reference box to enable comparison of information on college costs and financial aid.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4343: FACT Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4343/
MLA
"H.R. 4343: FACT Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4343/.
Bluebook (legal)
H.R. 4343, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4343/.
Markdown link
[H.R. 4343: FACT Act of 2019](https://openamerica.io/bill/116-HR-4343/)
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