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H.R. 6502 119th Congress House

College Financial Aid Clarity Act of 2025

Official title: To amend the Higher Education Act of 1965 to require the Secretary of Education to develop requirements for institutions of higher education on formatting fina… Show full official titleShow less

Official title: To amend the Higher Education Act of 1965 to require the Secretary of Education to develop requirements for institutions of higher education on formatting financial aid offer forms, and for other purposes.

Introduced: December 9, 2025 Introduced by: Lisa C. McClain Republican · Michigan See on congress.gov
Education Employment and training programsGovernment information and archivesGovernment lending and loan guaranteesHigher education
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Student aid and college costsWages and earnings
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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
Committee Consideration and Mark-up Session Held
Dec 11, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.
Dec 9, 2025
Referred to the House Committee on Education and Workforce.
Dec 9, 2025
Introduced in House
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What's happening now January 21, 2026

Placed on the Union Calendar, Calendar No. 394.

 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.

 Hearings & markups 1
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 25

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

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 Cosponsors 3
All 3 Democratic 2 Republican 1
D
Vindman, Eugene Simon
Virginia · Dec 17, 2025
 D
Norcross, Donald
New Jersey · Dec 10, 2025
 R
Kim, Young
California · Dec 9, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6502: College Financial Aid Clarity Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-6502/
MLA
"H.R. 6502: College Financial Aid Clarity Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-6502/.
Bluebook (legal)
H.R. 6502, 119th Cong. (2026), https://openamerica.io/bill/119-HR-6502/.
Markdown link
[H.R. 6502: College Financial Aid Clarity Act of 2025](https://openamerica.io/bill/119-HR-6502/)
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