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H. Rept. 119-460 1 (2026-01-21)

handle is hein.congrecreports/crptxahzg0001 and id is 1 raw text is: 119TH CONGRESS 2d Session j HOUSE OF REPRESENTATIVES REPORT 119-460 COLLEGE FINANCIAL AID CLARITY ACT OF 2025 JANUARY 21, 2026.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. WALBERG, from the Committee on Education and Workforce, submitted the following REPORT together with MINORITY VIEWS [To accompany H.R. 6502] The Committee on Education and Workforce, to whom was re- ferred the bill (H.R. 6502) to amend the Higher Education Act of 1965 to require the Secretary of Education to develop requirements for institutions of higher education on formatting financial aid offer forms, and for other purposes, having considered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. The amendment is as follows: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the College Financial Aid Clarity Act of 2025. SEC. 2. FINANCIAL AID OFFERS. (a) IN GENERAL.-Part B of title I of the Higher Education Act of 1965 (20 U.S.C. 1011 et seq.) is amended by adding at the end the following: SEC. 124. FINANCIAL AID OFFERS. (a) INSTITUTIONAL REQUIREMENTS.- (1) IN GENERAL.-Beginning on July 1, 2029, an institution of higher edu- cation that receives Federal financial assistance under this Act- (A) shall- (i) for all financial aid offers (including paper, or mobile-optimized or other electronic offers), include the information (including termi- nology) listed in subsection (c), and meet the requirements of para- graphs (1) and (2) of subsection (d), in compliance with the require- ments published pursuant to subsection (b)(2); (ii) provide the supplemental content and disclosures described in paragraph (2); and 69-006 AUTHENTICATED U.S. GOVERNMENT INFORMATION 4