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Health, Education, Labor, and Pensions Committee
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S. 1558In committee
Understanding the True Cost of College Act of 2025
Introduced: May 1, 2025
Latest action date: May 1, 2025
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Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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- Congress
- 119th Congress
- Introduced
- May 1, 2025
- Recorded roll calls
- 0
Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
What this bill does
Understanding the True Cost of College Act of 2025
This bill requires standardized financial aid terminology and offer forms.
Specifically, the Department of Education (ED) must develop standard terminology and a format for financial aid offer forms based on recommendations from representatives of certain groups, including students, veterans, and institutions of higher education (IHEs).
The consumer-friendly form must include specified details and disclosures, including the estimated cost of attendance, the net price that a student or family is estimated to pay, and the terms and conditions of financial aid.
In addition, ED must (1) test the form with representatives of students, students' families, IHEs, secondary school and postsecondary counselors, and nonprofit consumer groups; and (2) use the results to develop the final form.
Each IHE that participates in federal student aid programs must (1) use the standard form when offering financial aid to students, and (2) use the standard terminology and definitions developed by ED for all communications related to financial aid offers.
Official summary from Congress.gov.
Civixly topics
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Official CRS policy area
Education
Committee activity
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Official committee record ↗
Amendments
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Oct 14, 2026.
Action timeline
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View full action timeline2 actions
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
IntroReferralSenateIntroduced in Senate
IntroReferralLibrary of Congress
Roll-call votes
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