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Bill > S754


MA S754

Requiring institutions of higher education to provide uniform financial aid information to accepted applicants


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to require institutions of higher education to provide uniform financial aid information to accepted applicants. Higher Education.

AI Summary

This bill requires institutions of higher education in Massachusetts to provide a uniform financial aid information "shopping sheet" to all accepted applicants, including transfer students, prior to their enrollment deadline. The shopping sheet is a standardized financial aid disclosure form developed by the federal Consumer Financial Protection Bureau and the U.S. Department of Education. The bill allows institutions to provide the shopping sheet electronically and to include additional financial aid information, as long as the defined terms in the shopping sheet are used. The Department of Higher Education may also promulgate regulations to implement this requirement, which will begin in the 2020-2021 academic year.

Committee Categories

Education

Sponsors (7)

Last Action

Accompanied a study order, see S2991 (on 12/29/2020)

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