summary
Introduced
01/29/2025
01/29/2025
In Committee
04/30/2025
04/30/2025
Crossed Over
04/09/2025
04/09/2025
Passed
05/22/2025
05/22/2025
Dead
Introduced Session
104th General Assembly
Bill Summary
Creates the Historical Cost of Attendance Disclosure Act. Requires each public or private college or university to post its cost of attendance on its website for each of the 10 academic years immediately preceding the effective date of the Act and for every academic year thereafter. Requires the posted cost of attendance to delineate which expenses are included in the Internal Revenue Service's Form 1098-T and which expenses are not included in Form 1098-T.
AI Summary
This bill creates the Historical Cost of Attendance Disclosure Act, which requires all public and private colleges and universities in Illinois that offer bachelor's degrees to publish a comprehensive breakdown of their cost of attendance on their websites. Specifically, the institutions must post the cost of attendance for the 10 academic years preceding the law's effective date and continue to do so for each subsequent academic year. The posted information must clearly distinguish between expenses that are included in Internal Revenue Service (IRS) Form 1098-T, which is used to report tuition payments and related educational expenses, and those expenses that are not included in this form. The goal of this legislation appears to be increasing transparency for prospective and current students by providing a detailed historical record of college costs, which can help students and families better understand and plan for the financial aspects of higher education.
Committee Categories
Education
Sponsors (10)
Maura Hirschauer (D)*,
Chapin Rose (R)*,
Cristina Castro (D),
Mary Edly-Allen (D),
Napoleon Harris (D),
Meg Loughran Cappel (D),
Rob Martwick (D),
Laura Murphy (D),
Steve Stadelman (D),
Janet Yang Rohr (D),
Last Action
Passed Both Houses (on 05/22/2025)
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.ilga.gov/legislation/BillStatus.asp?DocNum=1376&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB1376enr.htm |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB1376eng.htm |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB1376.htm |
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