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HR 5588 117th Congress House Education

Net Price Calculator Improvement Act

Introduced: October 15, 2021 Introduced by: Guthrie, Brett Republican · Kentucky See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 15, 2021
Referred to the House Committee on Education and Labor.
Oct 15, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Net Price Calculator Improvement Act

This bill establishes requirements concerning the information that must be provided to prospective students about the cost of attendance at an institution of higher education (IHE). Specifically, the bill establishes the minimum requirements for the net price calculator that an IHE must include on its website. An IHE's net price is the average yearly price actually charged to first-time, full-time undergraduate students receiving student aid at the IHE after deducting such aid.

The bill also authorizes the Department of Education to develop a universal net price calculator that enables users to answer one set of questions and receive net prices for several IHEs and compare those prices.

What's happening now October 15, 2021

Referred to the House Committee on Education and Labor.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1