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Bill > S680


MA S680

Relative to uniform financial aid information


summary

Introduced
01/23/2017
In Committee
01/11/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to uniform financial aid information. Higher Education.

AI Summary

This bill requires institutions of higher education in Massachusetts to provide accepted applicants, including transfer students, with a "uniform financial aid information shopping sheet" developed by the federal Consumer Financial Protection Bureau and the Department of Education. The shopping sheet must be provided to accepted applicants a reasonable time before the institution's enrollment deadline, and can be provided electronically. Institutions may provide additional financial aid information on the shopping sheet, as long as they use the same terms defined in the shopping sheet. The Department of Higher Education can also create regulations to implement this new requirement, which will begin in the 2018-2019 academic year and continue each year after.

Committee Categories

Budget and Finance, Education

Sponsors (10)

Last Action

New draft substituted, see S2247 (on 01/18/2018)

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