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Improved College Cost Calculators: More Clarity for Students

This act aims to improve college cost calculators, enabling students and their families to more accurately estimate actual expenses. It will provide clearer information on fees, scholarships, and other costs, helping them make informed financial decisions about education.
Key points
College cost calculators must be more accessible and clearly labeled on university websites.
Calculators will display detailed cost information (tuition, housing, books) and estimated scholarships, broken down by income categories.
A central college cost calculator will be developed by the Department of Education, allowing comparison of costs across different institutions.
Personal data entered into calculators will be protected and cannot be sold or shared with third parties.
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Additional Information
Net Price Calculator Improvement Act
Print number: S 1448
Sponsor: Sen. Grassley, Chuck [R-IA]
Process start date: 2021-04-29