S. 1558: Understanding the True Cost of College Act of 2025
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-05-01 |
| Sponsor | Sen. Grassley, Chuck [R-IA] |
| Policy area | Education |
| Cosponsors | 3 |
| Latest action | 2025-05-01 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions. |
| Last updated | 2025-12-16 |
Summary
Official summary (Introduced in Senate, 2025-05-01):
Understanding the True Cost of College Act of 2025
This bill requires standardized financial aid terminology and offer forms.
Specifically, the Department of Education (ED) must develop standard terminology and a format for financial aid offer forms based on recommendations from representatives of certain groups, including students, veterans, and institutions of higher education (IHEs).
The consumer-friendly form must include specified details and disclosures, including the estimated cost of attendance, the net price that a student or family is estimated to pay, and the terms and conditions of financial aid.
In addition, ED must (1) test the form with representatives of students, students' families, IHEs, secondary school and postsecondary counselors, and nonprofit consumer groups; and (2) use the results to develop the final form.
Each IHE that participates in federal student aid programs must (1) use the standard form when offering financial aid to students, and (2) use the standard terminology and definitions developed by ED for all communications related to financial aid offers.
Cosponsors (3)
| Name | Party / state |
|---|---|
| Tina Smith | D MN (original cosponsor) 2025-05-01 |
| Margaret Wood Hassan | D NH (original cosponsor) 2025-05-01 |
| Tommy Tuberville | R AL (original cosponsor) 2025-05-01 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 1558 are published by Congress on congress.gov.
View S. 1558 on congress.gov →
Frequently asked questions
What is S. 1558?
S. 1558 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: Understanding the True Cost of College Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 1558 are available on congress.gov.
Bill data: congress.gov API (official congressional records).