College Financial Aid Clarity Act of 2025

The College Financial Aid Clarity Act of 2025 requires colleges and universities that receive federal financial aid to provide clearer, more standardized financial aid offers to students starting July 1, 2029. Institutions must include specific information such as total cost of attendance, grant and scholarship amounts, loan terms with interest rates, renewal requirements, and clear distinctions between required costs and other costs. The bill mandates plain language, consistent formatting, and requires institutions to provide links to resources like the College Financing Plan website and College Scorecard. This directly affects students receiving financial aid offers from participating institutions, aiming to make financial aid offers more transparent and easier to understand.