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Requires the Secretary of Education to develop a single, standard financial aid offer form and uniform terminology so students can compare college costs and aid more easily. Colleges and universities must use that standard form and the Secretary’s standard terms for every financial aid offer (paper, mobile, or electronic) beginning with the first award year after the Secretary finalizes the form and terms.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced May 1, 2025 by Charles Ernest Grassley · Last progress May 1, 2025