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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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Current stage

In committee

The most advanced recorded stage is committee consideration.

Introduced

May 1, 2025

Latest action

May 1, 2025

Recorded roll calls

0

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Education

Bill Summary

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.

Committee activity

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Amendments

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No amendments are listed for this measure.

Checked against Congress.gov Sep 12, 2026.

Action timeline

Newest action first. Action language comes from the official Congress.gov record.

View full action timeline2 actions
  1. Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    IntroReferralSenate
  2. Introduced in Senate

    IntroReferralLibrary of Congress

Roll-call votes

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Federal legislative data comes from Congress.gov and official House and Senate vote records.

Base metadata check pending · Summary check pending · Action timeline checked Sep 12, 2026 · Complete sponsorship check pending · Topics checked Sep 12, 2026 · Committees checked Sep 12, 2026 · Status checked Sep 12, 2026 · Related bills checked Sep 12, 2026.