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College Financial Aid Clarity Act of 2025

H.R. 6502 Rep. Lisa McClain (R-MI-9) In committee
Bill text PDF
  1. Introduced Dec 9
  2. Committee Dec 9
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Dec 9, 2025Next: House vote
279d ago Jan 21, 2026: Placed on the Union Calendar, Calendar No. 394.
Final votes
No roll callsNo recorded vote on this bill yet
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Summary

College Financial Aid Clarity Act of 2025

Full summary3 paragraphs

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.

Library of Congress summary, Jan 21, 2026

Summary versions
  • Reported to HouseJan 21, 2026

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.