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.
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Referred to the House Committee on Education and Labor.
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.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4343: FACT Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4343/
"H.R. 4343: FACT Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4343/.
H.R. 4343, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4343/.
[H.R. 4343: FACT Act of 2019](https://openamerica.io/bill/116-HR-4343/)