H.R. 3153In committeeEducation
Bill would require one standard financial aid offer form for colleges
Data as of July 11, 2026
This bill would create one standardized financial aid offer form all federally funded colleges must use.40-second read · 4 questions answered below
Decoded
What does this do?
The bill directs the Department of Education to design a single standardized "Financial Aid Offer" form for colleges to use when presenting financial aid to students. The form must clearly separate total costs, grants and scholarships, net price, and loans, and disclose work-study, private versus federal loans, veteran benefits, and aid acceptance deadlines. It would be tested with a small group of colleges before being finalized and required nationwide.
Who does it affect?
Prospective and current college students and their families, and financial aid offices at colleges and universities receiving federal funding.
Why does it matter?
Colleges currently use inconsistent formats and terminology, making it difficult for students to compare aid offers or understand actual costs across schools. Standardizing the form would change how all federally funded institutions must communicate aid information.
Where does it stand?
- Introduced
- House committee — You are here
- House vote
- Senate
- President's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
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Official title
Understanding the True Cost of College Act of 2025
- Introduced:
- May 1, 2025
- Latest action:
- May 1, 2025
Referred to the House Committee on Education and Workforce.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.