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Bill > S843


MA S843

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


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd 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 to provide a "Uniform Financial Aid Information Shopping Sheet" to all accepted applicants, including transfer students, to assist them in deciding whether to enroll. The shopping sheet is a financial aid information form developed by the federal Consumer Financial Protection Bureau and the Department of Education. Institutions may provide the shopping sheet electronically and may include additional financial aid information, as long as they use the same definitions as the standard form. The Department of Higher Education may also promulgate regulations to implement this requirement, which will take effect starting in the 2021-2022 academic year.

Committee Categories

Education

Sponsors (3)

Last Action

Senate concurred (on 03/21/2022)

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