summary
Introduced
03/27/2019
03/27/2019
In Committee
03/27/2019
03/27/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A BILL To require a standard financial aid offer form, and for other purposes. 1
AI Summary
This bill, the Understanding the True Cost of College Act of 2019, would require the Secretary of Education to develop a standard format and terminology for financial aid offer forms. The bill specifies the key required contents of the form, including information on cost of attendance, financial aid, net price, work-study, loans, and the process for accepting or declining aid. The bill also mandates that all colleges and universities receiving federal financial assistance use this standard form and terminology when providing financial aid offers to students.
Committee Categories
Health and Social Services
Sponsors (12)
Chuck Grassley (R)*,
Bill Cassidy (R),
John Cornyn (R),
Joni Ernst (R),
Maggie Hassan (D),
Doug Jones (D),
Amy Klobuchar (D),
Joe Manchin (I),
Chris Murphy (D),
David Perdue (R),
Marco Rubio (R),
Tina Smith (D),
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 03/27/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/888/all-info |
| BillText | https://www.congress.gov/116/bills/s888/BILLS-116s888is.pdf |
| Bill | https://www.congress.gov/116/bills/s888/BILLS-116s888is.pdf.pdf |
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