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S. 2150 · 114th Congress

Net Price Calculator Improvement Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill amends the Higher Education Act of 1965 to establish the minimum requirements for the net price calculator that an institution of higher education (IHE) receiving federal funds under title IV (Student Assistance) of the Act must include on its website.

What it does: CRS summary · Introduced in Senate · Oct 7, 2015

Net Price Calculator Improvement Act

This bill amends the Higher Education Act of 1965 to establish the minimum requirements for the net price calculator that an institution of higher education (IHE) receiving federal funds under title IV (Student Assistance) of the Act 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 any IHE that is required to have a net price calculator.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Net Price Calculator Improvement Act

Latest action (Oct 7, 2015): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Policy area: Education · Origin: Senate · Introduced: Oct 7, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.