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Code · BILL · 118th Congress · S. 1972 (Introduced in Senate) — To increase college transparency, and for other purposes. · Sec. 202

Sec. 202. Mandatory form

192 words·~1 min read·/bill/118/s/1972/is/section-202

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Part B of title I of the Higher Education Act of 1965 ( 20 U.S.C. 1011 et seq. ) is amended by adding at the end the following: Notwithstanding any other provision of law, each institution of higher education that receives Federal financial assistance under this Act shall— use the financial aid offer form developed under section 484 of the Higher Education Opportunity Act ( 20 U.S.C. 1092 note) in providing paper, mobile-optimized offers, or other electronic offers to all students who apply for aid and are accepted at the institution; and use the standard terminology and definitions developed by the Secretary of Education under subsection (e)(1) of that Act for all communications from the institution related to financial aid offers.
The requirements under this section shall take effect at the start of the first award year after the Secretary of Education finalizes the standard terminology and form developed in accordance with section 484 of the Higher Education Opportunity Act ( 20 U.S.C. 1092 note). . Section 492 of the Higher Education Act ( 20 U.S.C. 1098a ) shall not apply with respect to regulations promulgated in accordance with this section. .
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