HR 4680 116th Congress House Education Consumer affairs Government information and archives Government lending and loan guarantees Government studies and investigations Higher education Poverty and welfare assistance School administration Student aid and college costs Tax administration and collection, taxpayers

Equitable Student Aid Access Act

Introduced: October 15, 2019 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 15, 2019

Referred to the House Committee on Education and Labor.

Oct 15, 2019

Introduced in House

Plain-English summary Congressional Research Service

Equitable Student Aid Access Act

This bill revises certain income requirements for calculating federal student financial aid amounts, and it requires the Department of Education (ED) to publish certain requirements for financial aid offers.

Specifically, the bill eliminates the simplified needs test in financial aid applications for families with income below a specified threshold, and it increases the income threshold that automatically qualifies a student for certain financial aid.

When determining the total income of an applicant or an applicant's household, ED shall provide for the use of data from the second preceding tax year to simplify applications used for the estimation and determination of financial aid eligibility.

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

What's happening now October 15, 2019

Referred to the House Committee on Education and Labor.

Committees of jurisdiction 1