Colleges taking federal aid would send standardized "Financial Aid Offer" forms from 2029
Placed on the calendarH.R. 6502Latest action
Sponsor: Lisa C. McClain · Representative · MI
AIDecoded by AI · checked against the recordRead the official text
Official title: College Financial Aid Clarity Act of 2025
119th Congress
Topics: Education
Introduced:
Read the official bill on Congress.govIn plain words
The plain-language version comes first. The official text is always the reference.
Starting July 1, 2029, colleges that take federal aid would have to send plain-language aid offers titled "Financial Aid Offer" in one standard layout.
55-second read · 4 questions answered below
What does this do?
The bill would require colleges that take federal student aid to send offers titled "Financial Aid Offer," written in plain language and laid out the same way every time. Each offer would show the program and year, estimated cost of attendance, grants and scholarships separate from loans, estimated net price, loan details including interest rates and fees, and work-study information. It would also list deadlines and steps to accept, change, or decline aid, with links to the College Scorecard and net price calculator.
Who does it affect?
Prospective and current college students and their families would receive the new offers. Colleges, universities, and trade schools that take federal aid would need to redo their offer forms, and the Department of Education would set the format and review sample offers.
Why does it matter?
Students and families would receive offers meant to be easier to read and compare across schools. Colleges would need to change how they present costs and aid, and following the rules would become a condition of their federal student aid agreements.
AI-drafted summary. Check it against the official text before you act on it.
Based on the “Reported in House” text of Jan 21, 2026.
Read the official bill on Congress.govMake the call
Where does it stand?
- IntroducedDec 9, 2025
- House committee
- House voteYou are here · Jan 21, 2026
- Senate
- The president's desk
Right now: it was placed on the , and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Placed on the Union Calendar, Calendar No. 394.