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Improved College Cost Calculators: More Clarity for Students

This act aims to help prospective students better understand the true cost of college. It introduces new rules for net price calculators on university websites, making them more transparent and providing more accurate information on fees and available financial aid. This will enable citizens to better plan their finances and make informed decisions about their education.
Key points
Colleges must clearly label and prominently display net price calculators on their websites.
Calculators will show detailed cost information (tuition, room and board, books) and estimated financial aid, broken down by income categories.
Calculator results will include an individual net price for the student, as well as information on available federal, state, and institutional grant aid.
Selling or sharing personal data entered into the calculator with third parties is prohibited.
A single, nationwide college cost calculator, managed by the Department of Education, may be developed to allow comparison of costs across different institutions.
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Expired
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Additional Information
Print number: 117_HR_5588
Sponsor: Rep. Guthrie, Brett [R-KY-2]
Process start date: 2021-10-15
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Net Price Calculator Improvement Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5588.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-10-15.

What are the main provisions?

Key points include:

  • Colleges must clearly label and prominently display net price calculators on their websites.
  • Calculators will show detailed cost information (tuition, room and board, books) and estimated financial aid, broken down by income categories.
  • Calculator results will include an individual net price for the student, as well as information on available federal, state, and institutional grant aid.
  • Selling or sharing personal data entered into the calculator with third parties is prohibited.
  • A single, nationwide college cost calculator, managed by the Department of Education, may be developed to allow comparison of costs across different institutions.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Guthrie, Brett [R-KY-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Labor.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Education