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HR 6502 119th Congress House Education Employment and training programs Government information and archives Government lending and loan guarantees Higher education Student aid and college costs Wages and earnings

College Financial Aid Clarity Act of 2025

Introduced: December 9, 2025 Introduced by: McClain, Lisa C. Republican · Michigan See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 21, 2026
Placed on the Union Calendar, Calendar No. 394.
Jan 21, 2026
Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.
Dec 11, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.
Dec 11, 2025
Committee Consideration and Mark-up Session Held
Dec 9, 2025
Referred to the House Committee on Education and Workforce.
Dec 9, 2025
Introduced in House
 Plain-English summary Congressional Research Service

College Financial Aid Clarity Act of 2025

This bill requires the Department of Education (ED) to develop, and for institutions of higher education (IHEs) to use, a standardized, consumer-tested format for all financial aid offers.

Any financial aid offer must include specified details and disclosures, including (1) cost information (e.g., cost of attendance and net price); (2) disclosures related to loans (e.g., applicable interest rates); (3) information on student employment opportunities; and (4) next steps for accepting, adjusting, or declining financial aid.

Each IHE that participates in federal student aid programs must (1) include the required information for all financial aid offers (including paper, mobile, or electronic offers), (2) provide supplemental content and disclosures (e.g., requirements for renewing financial aid), and (3) use consistent terminology for all communications related to financial aid offers.

What's happening now January 21, 2026

Placed on the Union Calendar, Calendar No. 394.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1