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H.R. 4343 · 116th Congress

FACT Act of 2019

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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 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

7 cosponsors · 5 D, 2 R

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

Financial Aid Communication and Transparency Act of 2019 or the FACT Act of 2019

What it does: CRS summary · Introduced in House · Sep 17, 2019

Financial Aid Communication and Transparency Act of 2019 or the FACT Act of 2019

This bill requires the Department of Education (ED) to publish certain requirements for financial aid offers.

ED must conduct consumer testing to serve as the basis for determining such requirements for financial aid offers, and a financial aid offer must contain information such as cost of attendance and sources of available financial aid. An offer must also contain a standardized quick reference box to enable comparison of information on college costs and financial aid.

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

About this bill and sources

Official title: FACT Act of 2019

Also known as: Financial Aid Communication and Transparency Act of 2019

Latest action (Sep 17, 2019): Referred to the House Committee on Education and Labor.

Policy area: Education · Origin: House · Introduced: Sep 17, 2019

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

No recorded floor vote found.