Net Price Calculator Improvement Act
- Last Action
- 3/27/2019
CRS Summary
As of 2019-03-27 (00)
Net Price Calculator Improvement Act
This bill establishes requirements concerning the information that must be provided to prospective students about the cost of an institution of higher education (IHE). Specifically, the bill establishes the minimum requirements for the net price calculator that an IHE must include on its website. An IHE's net price is the average yearly price actually charged to first-time, full-time undergraduate students receiving student aid at the school after deducting such aid.
It authorizes the Department of Education to develop a universal net price calculator that enables users to answer one set of questions and receive net prices for several IHEs and compare those prices.
Cosponsors (3)
- Tina Smith (D-MN)
- Joni Ernst (R-IA)
- John Cornyn (R-TX)
Subjects
- Congressional oversight
- Consumer affairs
- Government information and archives
- Higher education
- Internet and video services
- Internet, web applications, social media
- Student aid and college costs
- Veterans' education, employment, rehabilitation
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.