S 4435·Federal·senate
Improving Financial Aid Offers for Students Act
In CommitteeFiled Apr 29, 2026
Sponsor: Sen. Cassidy, Bill [R-LA] (R)
Latest Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Apr 29, 2026
Summary
The bill changes the Higher Education Opportunity Act so that any post‑secondary school that gets federal aid must provide students with a standardized financial‑aid offer. The offer must use a model form and clear terminology developed by the Secretary of Education and must list costs, grants, loans and net price in a simple, separated format. This aims to help students and families better compare schools and understand what they will actually pay.
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