H.R. 6502
College Financial Aid Clarity Act of 2025
Placed on the Union Calendar, Calendar No. 394.
Sponsor
Rep. McClain, Lisa C. [R-MI-9]
Bill Details
- Update Date
- Apr 13, 2026
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 6,502
- Congress
- 119
- Introduced Date
- Dec 9, 2025
- Policy Area
- Education
- Is Law
- No
Placed on the Union Calendar, Calendar No. 394.
Source: House floor actions
Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.
Source: House floor actions
Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.
Source: Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.
Source: House committee actions
Committee Consideration and Mark-up Session Held
Source: House committee actions
Referred to the House Committee on Education and Workforce.
Source: House floor actions
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
College Financial Aid Clarity Act of 2025
This bill requires the Department of Education (ED) to develop, and for institutions of higher education (IHEs) to use, a standardized, consumer-tested format for all financial aid offers.
Any financial aid offer must include specified details and disclosures, including (1) cost information (e.g., cost of attendance and net price); (2) disclosures related to loans (e.g., applicable interest rates); (3) information on student employment opportunities; and (4) next steps for accepting, adjusting, or declining financial aid.
Each IHE that participates in federal student aid programs must (1) include the required information for all financial aid offers (including paper, mobile, or electronic offers), (2) provide supplemental content and disclosures (e.g., requirements for renewing financial aid), and (3) use consistent terminology for all communications related to financial aid offers.
Education and Workforce Committee