Bills · HR 6502
REPORTED· 119TH CONGRESS
House BillHR 6502Employment and training programsStudent aid and college costs
College Financial Aid Clarity Act of 2025
INTRO DEC 9· LAST ACTION JAN 21
READING
16MIN
COSPONSORS
3BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Reported, not passed
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because navigating college financial aid can be incredibly confusing for students and families. Currently, each college can present its aid offer differently, making it hard to compare the true cost of attendance, the amount of 'free money' versus loans, and potential out-of-pocket expenses across various institutions. This lack of clarity can lead to students and families making decisions without fully understanding the financial implications, potentially leading to greater student debt or missed opportunities for affordable education.
If this bill becomes law, it would create a uniform standard, allowing families to easily see and compare the actual costs and aid packages from different schools. This transparency would empower students to make better financial choices about their education, potentially reducing post-graduation financial strain. If it doesn't pass, the current patchwork system of financial aid offers would continue, leaving many families struggling to decode complex and varied financial information.
KEY PROVISIONS
5AI-extractedPROVISION 01
Requires colleges receiving federal aid to use standardized financial aid offer forms and consistent terminology starting July 1, 2029.
This ensures that aid offers from different schools can be easily compared, helping students and families understand true costs.
PROVISION 02
Mandates specific information to be included on financial aid offers, such as program of study, award year, estimated cost of attendance, grant and scholarship amounts, and net price.
This ensures critical financial details are clearly presented, eliminating ambiguity about what a student will pay.
PROVISION 03
Requires supplemental content and disclosures, including how aid renews, how outside scholarships affect offers, and detailed information about federal student loans.
These disclosures provide crucial context, helping students understand long-term costs, potential changes to aid, and their loan obligations.
PROVISION 04
Directs the Secretary of Education to develop these financial aid offer requirements through a consumer testing process involving various stakeholders.
This ensures the new requirements are practical, understandable, and meet the needs of students, families, and colleges.
PROVISION 05
Requires the Secretary of Education to publish the requirements by July 1, 2028, and regularly collect and review samples of financial aid offers for compliance.
This establishes clear timelines for implementation and ongoing oversight to ensure colleges adhere to the new standards.
SPONSORSHIP
1 + 3
R· Michigan
YRS IN OFFICE
5
BILLS LED
19
COSPONSOR BREAKDOWNBIPARTISAN · 66%
DEM 2 REP 1 IND 0
ACTION TIMELINE
6 EVENTSJAN 21
Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.
JAN 21
Placed on the Union Calendar, Calendar No. 394.
DEC 11
Committee Consideration and Mark-up Session Held
DEC 11
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.
BILL INFO
TypeHouse Bill
NumberHR 6502
Congress119th
StatusReported
IntroducedDec 9, 2025
Last actionJan 21, 2026
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REPORTED· 119TH CONGRESS · EDUCATION AND WORKFORCE COMMITTEE · INTRODUCED DEC 9, 2025
House BillHR 6502Employment and training programsStudent aid and college costs
College Financial Aid Clarity Act of 2025
INTRODUCED DEC 9, 2025· LAST ACTION JAN 21, 2026
PASSAGE CHANCES
—%
READING
16 min
COSPONSORS
3
COMPLEXITY
Moderate
