Requires student financial aid award letters to contain information on net costs, defined as an estimate of the costs of attendance after financial aid which does not require repayment and options for loans which do require repayment.
Same As
Requires student financial aid award letters to contain information on net costs, defined as an estimate of the costs of attendance after financial aid which does not require repayment and options for loans which do require repayment.
Requires student financial aid award letters to contain information on net costs, defined as an estimate of the costs of attendance after financial aid which does not require repayment and options for loans which do require repayment.
Truth in Tuition Act of 2025This bill requires institutions of higher education (IHEs) that participate in federal student aid programs to provide admitted students with information related to tuition and fees. Specifically, the bill requires an IHE to provide to a student (1) a multi-year tuition and fee schedule; or (2) a single-year tuition and fee schedule and a nonbinding, multi-year estimate of net costs after financial aid is awarded. The Department of Education may waive this requirement under certain circumstances.
Requires public high school students to receive financial literacy instruction on higher education costs, student financial assistance, and cryptocurrencies.