Time for Completion Act

The Time for Completion Act requires colleges to publicly report how many students finish their degree programs within specific timeframes, such as the normal duration, 150 percent, 200 percent, and 300 percent of the expected length. This reporting applies to both short and long programs and must be broken down by student type, including whether they are first-time or returning students and whether they attend full-time or part-time. The law also updates federal financial aid regulations to ensure these completion rates are included in institutional data used for determining eligibility and funding. By mandating consistent and visible display of these statistics, the bill aims to provide prospective students and families with clearer information about graduation timelines at higher education institutions.