FACT Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 17, 2019)
Financial Aid Communication and Transparency Act of 2019 or the FACT Act of 2019
This bill requires the Department of Education (ED) to publish certain requirements for financial aid offers.
ED must conduct consumer testing to serve as the basis for determining such requirements for financial aid offers, and a financial aid offer must contain information such as cost of attendance and sources of available financial aid. An offer must also contain a standardized quick reference box to enable comparison of information on college costs and financial aid.
What just happenedSep 17, 2019
Referred to the House Committee on Education and Labor.
Who’s behind it
- Introduced in HouseSep 17, 2019
- Sep 17, 2019IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Sep 17, 2019IntroReferralIntro-H
Introduced in House
- Sep 17, 2019IntroReferral1000
Introduced in House