H.R. 6502119th CongressPlaced on the calendarLatest action Jan 21, 2026Decoded by AI · checked against the record
Official title: College Financial Aid Clarity Act of 2025
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Colleges receiving federal aid would have to use a standardized, easy-to-compare financial aid letter format starting July 1, 2029.
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This bill requires the Department of Education to create a standard format for college financial aid offer letters, testing it with students, families, and counselors before rollout. Starting July 1, 2029, colleges receiving federal financial aid funding must use this format, clearly separating grants and scholarships from loans, labeling loans explicitly, and including details like total cost of attendance, net price, work-study options, and deadlines.
This affects colleges and universities that participate in federal student aid programs, which must redesign their award letters. It also affects prospective and current college students and their families who receive these letters.
Currently, schools use inconsistent formats and terminology, making it difficult for students and families to compare financial aid offers across colleges. Standardizing the format changes how this information is presented and requires schools to update their processes by 2029.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the House floor calendar, 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.