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Improved College Cost Calculators: More Clarity for Students

New rules aim to help prospective students better understand the true cost of college. Institutions will need to present information on fees and financial aid more clearly, aiding informed financial decisions. Additionally, a nationwide calculator is planned to allow cost comparison across different institutions.
Key points
Colleges must clearly label and prominently display cost calculators on their websites for easy access.
Calculators will show detailed study costs (tuition, housing, books) and estimated financial aid, broken down by income categories.
A nationwide college cost calculator will be introduced, allowing comparison of offers from various institutions in one place.
Personal data entered into calculators cannot be sold or shared with third parties, ensuring user privacy.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1557
Sponsor: Sen. Grassley, Chuck [R-IA]
Process start date: 2025-05-01
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

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 119_S_1557.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-01.

What are the main provisions?

Key points include:

  • Colleges must clearly label and prominently display cost calculators on their websites for easy access.
  • Calculators will show detailed study costs (tuition, housing, books) and estimated financial aid, broken down by income categories.
  • A nationwide college cost calculator will be introduced, allowing comparison of offers from various institutions in one place.
  • Personal data entered into calculators cannot be sold or shared with third parties, ensuring user privacy.
What is the specific legal status?

The current status is Introduced.

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 Sen. Grassley, Chuck [R-IA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Education