Placed on the Union Calendar, Calendar No. 394.
Summary
The bill directs the Secretary of Education to develop a consumer‑tested, uniform format for all financial‑aid offers from colleges that receive federal aid. Schools must include cost of attendance, net price, loan terms, employment options and next‑step instructions, plus supplemental disclosures about aid renewability and changes. The aim is to make aid information clearer for students and their families.
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