HR 4343
116th Congress
House
Education
Administrative law and regulatory procedures
Consumer affairs
Education of the disadvantaged
Elementary and secondary education
Employment and training programs
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Higher education
School administration
Student aid and college costs
Veterans' education, employment, rehabilitation
FACT Act of 2019
Introduced: September 17, 2019
Introduced by:
Trahan, Lori
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2019
Referred to the House Committee on Education and Labor.
Sep 17, 2019
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Education and Labor.
Committees of jurisdiction
1