{"bill":{"id":"119-hr-6502","congress":119,"type":"HR","number":6502,"title":"College Financial Aid Clarity Act of 2025","originChamber":"House","introducedDate":"2025-12-09","sponsors":[{"bioguideId":"M001136","fullName":"Rep. McClain, Lisa C. [R-MI-9]","party":"R","state":"MI","district":9}],"cosponsorsCount":3,"latestAction":{"actionDate":"2026-01-21","text":"Placed on the Union Calendar, Calendar No. 394."},"policyArea":"Education","subjects":["Employment and training programs","Government information and archives","Government lending and loan guarantees","Higher education","Student aid and college costs","Wages and earnings"],"actions":[{"date":"2026-01-21","text":"Placed on the Union Calendar, Calendar No. 394.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2026-01-21","text":"Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2026-01-21","text":"Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-460.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-12-11","text":"Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 10.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-11","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-09","text":"Referred to the House Committee on Education and Workforce.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-12-09","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-12-09","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>College Financial Aid Clarity Act of 2025</strong></p><p>This bill requires the Department of Education (ED) to develop, and for institutions of higher education (IHEs) to use, a standardized, consumer-tested format for all financial aid offers.</p><p>Any financial aid offer must include specified details and disclosures, including (1) cost information (e.g., cost of attendance and net price); (2) disclosures related to loans (e.g., applicable interest rates); (3) information on student employment opportunities; and (4) next steps for accepting, adjusting, or declining financial aid.</p><p>Each IHE that participates in federal student aid programs must (1) include the required information for all financial aid offers (including paper, mobile, or electronic offers), (2) provide supplemental content and disclosures (e.g., requirements for renewing financial aid), and (3) use consistent terminology for all communications related to financial aid offers.</p>","updateDate":"2026-04-13T19:35:24Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":415,"ts":"2026-04-19T11:26:51.052Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"/api/public/query-gov?q=College%20Financial%20Aid%20Clarity%20Act%20of%202025"}]}}