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S. 889

Net Price Calculator Improvement Act

Net Price Calculator Improvement Act

This bill establishes requirements concerning the information that must be provided to prospective students about the cost of an institution of higher education (IHE). Specifically, the bill establishes the minimum requirements for the net price calculator that an IHE must include on its website. An IHE's net price is the average yearly price actually charged to first-time, full-time undergraduate students receiving student aid at the school after deducting such aid.

It authorizes the Department of Education to develop a universal net price calculator that enables users to answer one set of questions and receive net prices for several IHEs and compare those prices.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Grassley, Chuck [R-IA](R-IA)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees2actions1related bills8subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

Net Price Calculator Improvement Act — Informed