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H.R. 6498 · 119th Congress

Student Financial Clarity Act of 2025

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Not yet voted on. This bill is still a proposal: it hasn't reached a floor vote, and its text can change in committee or on the floor before any vote.

4 cosponsors · 3 D, 1 R

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

This bill requires certain actions to provide consumers (e.g., enrolled and prospective students) with additional financial information on institutions of higher education (IHEs) that participate in federal student aid programs.

What it does: CRS summary · Reported to House · Jan 21, 2026

Student Financial Clarity Act of 2025

This bill requires certain actions to provide consumers (e.g., enrolled and prospective students) with additional financial information on institutions of higher education (IHEs) that participate in federal student aid programs.

Specifically, the Department of Education (ED) must update its College Scorecard website with additional information, including detailed data (e.g., costs, financial aid, student debt and repayment, and earnings) for each program of study at each IHE. (The College Scorecard is a comparison tool for information on school sizes, settings, graduation rates, average costs, and salary ranges per field of study.)

Additionally, ED must establish a Universal Net Price Calculator on a dedicated ED website and annually update the data. Among other elements, this calculator must (1) allow an individual to select and compare multiple IHEs and programs of study, (2) provide the individual with net price estimates for each selected IHE and each selected program of study, and (3) provide access to information in an electronic and downloadable format.

Each IHE must make publicly available on its website either the net price calculator developed by ED or the IHE's own calculator (if it includes, at a minimum, the same data elements of ED's calculator).

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

About this bill and sources

Official title: Student Financial Clarity Act of 2025

Latest action (Jan 21, 2026): Placed on the Union Calendar, Calendar No. 395.

Policy area: Education · Origin: House · Introduced: Dec 9, 2025

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

No recorded floor vote found.