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College Financial Aid Clarity Act of 2025

H.R. 6502, 119th Congress

Status
In committee
Introduced
12/09/2025
Cosponsors
3
Latest action
01/21/2026

About this bill

Official title
College Financial Aid Clarity Act of 2025
Sponsor
Lisa McClain (R-MI)
Introduced in
House
Policy area
Education
Committees
Education and Workforce Committee
Latest action
Placed on the Union Calendar, Calendar No. 394.

Full text and history on Congress.gov

Summary

Congressional Research Service, Reported to House (01/21/2026)

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.

Actions

Newest first

  1. 01/21/2026 · House

    Placed on the Union Calendar, Calendar No. 394.

  2. 01/21/2026 · House

    Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.

  3. 12/11/2025 · House

    Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.

  4. 12/11/2025 · House

    Committee Consideration and Mark-up Session Held

  5. 12/09/2025 · House

    Referred to the House Committee on Education and Workforce.

  6. 12/09/2025

    Introduced in House

Subjects: Employment and training programs, Government information and archives, Government lending and loan guarantees, Higher education, Student aid and college costs, Wages and earnings.

Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 01/21/2026

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