,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #dfhj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #ae1 #bjai,mr4
 ,doggett 7= himself1 ,mrs4 ,davis (    
,cali=nia1 ,mrs4 ,beatty1 ,mr4          
,blum5au]1 ,ms4 ,br[nley ( ,cali=nia1   
,mr4 ,crd5as1 ,mr4 ,c>twright1 ,ms4     
,judy ,*u ( ,cali=nia1 ,ms4 ,cl>ke (    
,new ,york1 ,mr4 ,coh51 ,ms4 ,dean1 ,ms4
 ,de,gette1 ,ms4 ,de,lauro1 ,mr4        
,de,saulnier1 ,mr4 ,engel1 ,mr4         
,espaillat1 ,mr4 ,fo/]1 ,mr4 ,gallego1  
,mr4 ,g>am5di1 ,ms4 ,g>cia ( ,texas1    
,mr4 ,gre5 ( ,texas1 ,mr4 ,grijalva1    
,ms4 ,haal&1 ,mr4 ,ha/+s1 ,mrs4 ,hayes1 
,mr4 ,higg9s ( ,new ,york1 ,mr4 ,himes1 
,ms4 ,jackson ,lee1 ,mr4 ,johnson (     
,georgia1 ,ms4 ,kaptur1 ,mr4 ,kilm]1    
,mr4 ,kri%namoor?i1 ,mr4 ,l>son (       
,connecticut1 ,ms4 ,lee ( ,cali=nia1    
,mr4 ,lev9 ( ,mi*igan1 ,mr4 ,lewis1 ,mr4
 ,sean ,patrick ,maloney ( ,new ,york1  
,mr4 ,mc,govern1 ,mr4 ,meeks1 ,ms4      
,moore1 ,mr4 ,m\lton1 ,mr4 ,nadl]1 ,mrs4
 ,napolitano1 ,ms4 ,norton1 ,mr4 ,price 

( ,nor? ,c>ol9a1 ,mr4 ,rask91 ,mr4      
,rupp]sb]g]1 ,mr4 ,ryan1 ,ms4 ,sn*ez1   
,mr4 ,s>banes1 ,ms4 ,s*ak[sky1 ,ms4     
,sewell ( ,alabama1 ,mr4 ,soto1 ,ms4    
,spei]1 ,mr4 ,swalwell ( ,cali=nia1 ,mr4
 ,?ompson ( ,cali=nia1 ,ms4 ,titus1 ,mr4
 ,tonko1 ,mr4 ,wel*1 ,mr4 ,lujn1 ,ms4   
,roybal-,all>d1 & ,mr4 ,k5n$y7 introduc$
 ! foll[+ bill2 :i* 0 ref]r$ to !       
,committee on ,education & ,labor  ,a   
,,bill  ,to am5d ! ,high] ,education    
,act ( #aife to simplify ! f9ancial aid 
application process1 & = o!r purposes4  
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,equitable ,/ud5t ,aid ,access ,act4  
#b4 ,z]o expect$ family contribution    
,section #dgi ( ! ,high] ,education ,act
 ( #aife 7#bj ,u4,s4,c4 #ajhgss7 is     
am5d$ to read z foll[s3  #dgi4 ,z]o     
expect$ family contribution  7a7 ,9     
g5]al ,! ,secret>y %all consid] an      
applicant to h an expect$ family        
contribution equal to z]o if-- 7#a7 9 ! 
case ( a dep5d5t /ud5t--  7,a7  7i7 !   
/ud5t's p>5ts are n requir$ to file--   

7,i7 a ,f$]al income tax return2 or     
7,,ii7 ) respect to ,int]nal ,rev5ue    
,s]vice ,=m #ajdj1 any ( ! foll[+ =ms3  
,s*$ule ,a1 ,s*$ule ,b1 ,s*$ule ,c1     
,s*$ule ,c-,,ez1 ,s*$ule ,d1 ,s*$ule ,e1
 ,s*$ule ,f1 ,s*$ule ,h1 ,s*$ule ,j1 &  
,s*$ule ,,se2 &  7ii7 ! sum ( ! adju/$  
gross income ( ! p>5ts is less ?an or   
equal to #cd1jjj2 or  7,b7 ! /ud5t's    
p>5ts1 or ! /ud5t1 receiv$ a b5efit at  
"s "t dur+ ! previ\s #bd-mon? p]iod "u a
 means-te/$ ,f$]al b5efit program2 or   
7#b7 9 ! case ( an indep5d5t /ud5t )\t  
reg>d to :e!r ! /ud5t has dep5d5ts o!r  
?an a sp\se--  7,a7  7i7 ! /ud5t 7& !   
/ud5t's sp\se1 if any7 c]tifies-- 7,i7 t
 ! /ud5t 7& ! /ud5t's sp\se1 if any7--  
7aa7 is n requir$ to file a ,f$]al      
income tax return2 or  7bb7 ) respect to
 ,int]nal ,rev5ue ,s]vice ,=m #ajdj1 any
 ( ! foll[+ =ms3 ,s*$ule ,a1 ,s*$ule ,b1
 ,s*$ule ,c1 ,s*$ule ,c-,,ez1 ,s*$ule   
,d1 ,s*$ule ,e1 ,s*$ule ,f1 ,s*$ule ,h1 
,s*$ule ,j1 & ,s*$ule ,,se2 &  7ii7 !   
sum ( ! adju/$ gross income ( ! /ud5t & 

sp\se 7if appropriate7 is less ?an or   
equal to #cd1jjj2 or  7,b7 ! /ud5t      
receiv$ a b5efit at "s "t dur+ ! previ\s
 #bd-mon? p]iod "u a means-te/$ ,f$]al  
b5efit program4  7b7 ,e>n$ income cr$it 
,an individual is n requir$ to qualify  
or file = ! e>n$ income cr$it 9 ord] to 
be eligible "u ?is section4  7c7        
,adju/m5ts ,! ,secret>y %all annually   
adju/ ! income level necess>y to qualify
 an applicant = ! z]o expect$ family    
contribution4 ,! income level %all be   
annually increas$ by ! e/imat$ p]c5tage 
*ange 9 ! ,consum] ,price ,index1 z     
def9$ 9 section #dgh7;f71 = ! mo/ rec5t 
cal5d> ye> end+ prior to ! beg9n+ ( an  
aw>d ye>1 & r\nd$ up to ! ne>e/ #a1jjj4 
7d7 ,means-,te/$ ,f$]al b5efit program  
def9$ ,= purposes ( ?is p>agraph1 a     
means-te/$ ,f$]al b5efit program means a
 m&atory sp5d+ program ( ! ,f$]al       
,gov]nm5t1 o!r ?an a program "u ?is     
title1 9 :i* eligibility = ! program's  
b5efits1 or ! am\nt ( su* b5efits1 are  
det]m9$ on ! basis ( income or res\rces 

( ! individual or family seek+ ! b5efit1
 & may include su* programs z--  7#a7 ! 
supplem5tal security income program "u  
title ,,xvi ( ! ,social ,security ,act  
7#db ,u4,s4,c4 #acha et seq472  7#b7 !  
supplem5tal nutrition assi/ance program 
"u ! ,food & ,nutrition ,act ( #bjjh 7#g
 ,u4,s4,c4 #bjaa et seq471 a nutrition  
assi/ance program c>ri$ out "u section  
#ai ( su* ,act 7#g ,u4,s4,c4 #bjbh71 & a
 supplem5tal nutrition assi/ance program
 c>ri$ out "u section #ahda7;c7 ( title 
#dh ( ! ,unit$ ,/ates ,code2  7#c7 !    
program ( block grants = ,/ates =       
tempor>y assi/ance = ne$y families      
e/abli%$ "u "p ,a ( title ,,iv ( !      
,social ,security ,act 7#db ,u4,s4,c4   
#fja et seq472  7#d7 ! special          
supplem5tal nutrition program = wom51   
infants1 & *ildr5 e/abli%$ by section   
#ag ( ! ,*ild ,nutrition ,act ( #aiff   
7#db ,u4,s4,c4 #aghf72  7#e7 ! ,/ate    
,m$icaid program "u title ,,xix ( !     
,social ,security ,act 7#db ,u4,s4,c4   
#acif et seq472 &  7#f7 any o!r program 

id5tifi$ by ! ,secret>y4  4  #c4 ,us+   
data f second prec$+ ye> ,section       
#dhj7;a77#a77;,b7 ( ! ,high] ,education 
,act ( #aife 7#bj ,u4,s4,c4             
#ajhgvv7a77#a77;,b77 is am5d$-- 7#a7 by 
/rik+ may 9 bo? places x appe>s & ins]t+
 %all2 &  7#b7 by /rik+ %>+ ( data      
betwe5 & ins]t+ %>+ ( data1 to ! ext5t  
su* data is available1 betwe54  #d4     
,f9ancial aid (f]s ,section #dhe ( !    
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajib7 is am5d$ by add+ at !  
end ! foll[+3  7n7 ,f9ancial aid (f]s   
7#a7 ,requirem5ts = (f]s  7,a7          
,secret>ial requirem5ts ,n lat] ?an #ah 
mon?s aft] ! date ( enactm5t ( !        
,equitable ,/ud5t ,aid ,access ,act1 !  
,secret>y %all1 bas$ on ! consum] te/+  
conduct$ "u subp>agraph 7,e71 publi%    
requirem5ts = f9ancial aid (f]s t %all--
  7i7 include a requirem5t t f9ancial   
aid (f]s %all s]ve z ! prim>y s\rce =   
,f$]al1 ,/ate1 & in/itutional f9ancial  
aid in=mation provid$ by an in/itution (
 high] education p>ticipat+ 9 any       

program "u ?is title to ea* prospective 
/ud5t accept$ = admission & ea* enroll$ 
/ud5t at su* in/itution2  7ii7 include a
 requirem5t t su* (f]s include a /&>diz$
 quick ref]5ce box describ$ 9           
subp>agraph 7,d72  7iii7 e/abli% /&>diz$
 t]ms & def9itions1 includ+ = ! elem5ts 
li/$ 9 subp>agraph 7,c71 t %all be      
includ$ 9 ea* su* (f]2  7iv7 e/abli%    
=matt+ requirem5ts ) respect to !       
organization ( ! elem5ts li/$ 9         
subp>agraph 7,c71 :i* %all include a    
requirem5t t prohibits su* (f]s f       
display+ loans 9 a mann] t indicates or 
implies t su* loans r$uce ! am\nt ow$ to
 ! in/itution or r$uce ! net price2 &   
7v7 specify ! simple1 pla9-language1 &  
consum]-fri5dly in=mation to be includ$ 
9 ea* su* (f] ) respect to ! f9ancial   
aid be+ (f]$ to a /ud5t1 :i* %all       
include--  7,i7 an explanation (        
diff]5ces among ea* su* type ( f9ancial 
aid1 includ+ cle> explanations t--  7aa7
 grants & s*ol>%ips d n h to be repaid2 
7bb7 loans 7includ+ loans made "u "p ,d 

& private education loans 7z def9$ 9    
section #adj ( ! ,tru? 9 ,l5d+ ,act77   
mu/ be repaid ) int]e/2 &  7cc7 paym5ts 
"u ,f$]al-"w /udy programs "u "p ,c are 
cont+5t on f9d+ qualifi$ employm5t & are
 typically disburs$ increm5tally 9      
pay*ecks2  7,,ii7 in=mation enc\rag+    
/ud5ts to consid] loans made "u "p ,d   
be=e su* private education loans2       
7,,iii7 in=mation cl>ify+ t /ud5ts may--
 7aa7 decl9e to accept a loan made "u "p
 ,d2 or  7bb7 accept an am\nt ( su* loan
 t is less ?an ! am\nt ( su* loan       
includ$ 9 ! f9ancial aid (f]2 &  7,,iv7 
9 a case 9 :i* ! in/itution (f]s a /ud5t
 su* a loan 9 an am\nt t is less ?an !  
maximum am\nt = :i* ! /ud5t is eligible1
 an explanation t ! /ud5t is eligible = 
additional loans "u "p ,d4  7,b7        
,in/itutional requirem5ts ,beg9n+ ) !   
aw>d ye> t beg9s n less ?an #a ye> aft] 
! ,secret>y publi%es requirem5ts "u     
subp>agraph 7,a71 ea* in/itution ( high]
 education describ$ 9 subp>agraph       
7,a77i7 %all provide a f9ancial aid (f] 

to ea* /ud5t describ$ 9 su* subp>agraph 
prior to ea* academic ye> t--  7i7 %all 
comply ) ! requirem5ts publi%$ by !     
,secret>y "u subp>agraph 7,a72 &  7ii7  
may be supplem5t$ by ! in/itution )     
additional1 non-contradictory in=mation 
relat$ to f9ancial aid z long z su*     
supplem5t>y in=mation uses ! /&>diz$    
t]ms & def9itions describ$ 9 subp>agraph
 7,a77iii74  7,c7 ,elem5ts ,a f9ancial  
aid (f] provid$ by an in/itution ( high]
 education %all include ! foll[+ elem5ts
 ) respect to ! academic ye> = :i* ! (f]
 is be+ provid$3  7i7 ,! co/ (          
att5dance1 :i* %all include sep>ately   
calculat$ subtotals (-- 7,i7 an itemiz$ 
li/ ( e/imat$ direct co/s ow$ to !      
in/itution2 &  7,,ii7 an itemiz$ li/ (  
anticipat$ /ud5t exp5ses n cov]$ "u     
subclause 7,i74  7ii7 ,f$]al1 ,/ate1 &  
in/itutional f9ancial aid available to !
 /ud5t1 :i* %all include sep>ately      
calculat$ subtotals (--  7,i7 grants &  
s*ol>%ips2  7,,ii7 loans made "u "p ,d  
7exclud+ ,f$]al ,direct ,p>5t ,,plus    

,loans72 &  7,,iii7 ,f$]al-"w /udy      
programs "u "p ,c & o!r on-campus       
employm5t4  7iii7 ,o!r options t may be 
available to /ud5ts to cov] ! co/ (     
att5dance 7includ+ ,f$]al ,direct ,p>5t 
,,plus ,loans1 tuition paym5t plans1    
sav+s1 & e>n+s f o!r employm5t74  7iv7  
,! net price1 :i* %all be det]m9$ by    
calculat+ ! diff]5ce betwe5-- 7,i7 ! co/
 ( att5dance describ$ 9 clause 7i72 &   
7,,ii7 ! grants & s*ol>%ips describ$ 9  
clause 7ii77,i74  7v7 ,next /ep         
in/ructions1 includ+--  7,i7 ! process &
 deadl9es = accept+ ! f9ancial aid2 &   
7,,ii7 in=mation ab\t :]e to f9d        
additional in=mation on ! f9ancial aid  
(f]$4  7vi7 ,any o!r in=mation det]m9$  
necess>y by ! ,secret>y bas$ on !       
consum] te/+ conduct$ "u subp>agraph    
7,e71 :i* may include ! foll[+3  7,i7   
,an e/imate ( ! net direct co/1 :i* %all
 be det]m9$ by calculat+ ! diff]5ce     
betwe5--  7aa7 ! direct co/s ow$ to !   
in/itution describ$ 9 clause 7i77,i72 & 
7bb7 ! grants & s*ol>%ips describ$ 9    

clause 7ii77,i74  7,,ii7 ,in=mation on  
av]age /ud5t debt1 loan repaym5t &      
default rates1 loan repaym5t options1 & 
graduation rates4  7,,iii7 ,9 ! case ( a
 prospective /ud5t1 ! process & deadl9es
 = enroll+ at ! in/itution4  7,,iv7     
,in=mation reg>d+ ! enrollm5t p]iod     
cov]$ by ! aid (f]1 & :e!r ! co/ & aid  
e/imates are bas$ on full-"t or "p-"t   
enrollm5t4  7,v7 ,in=mation develop$ 9  
consultation ) ! ,int]nal ,rev5ue       
,s]vice reg>d+ any education-relat$ tax 
b5efits = :i* a /ud5t may qualify1      
includ+ ,am]ican ,opportunity &         
,lifetime ,le>n+ tax cr$its1 d$uctions1 
exclusions1 & any o!r su* b5efits4  7,d7
 ,/&>diz$ quick ref]5ce box ,a f9ancial 
aid (f] provid$ by an in/itution ( high]
 education %all include a /&>diz$ quick 
ref]5ce box to enable /ud5ts to quickly 
& easily comp>e key in=mation on college
 co/s & f9ancial aid--  7i7 t %all be   
includ$ 9 an id5tical fa%ion = ea* /ud5t
 receiv+ a f9ancial aid (f] f !         
in/itution on ! fir/ page ( su* (f]2    

7ii7 ! cont5ts & /ructure ( :i* %all be 
develop$ ?r\gh consum] te/+ conduct$ "u 
p>agraph 7,e72 &  7iii7 t %all include n
 m ?an #h elem5ts1 :i*1 at a m9imum1    
%all include-- 7,i7 ! co/ ( att5dance2  
7,,ii7 grants & s*ol>%ips2 &  7,,iii7   
net price 7z calculat$ "u subp>agraph   
7,c77iv774  7,e7 ,consum] te/+ ,!       
,secret>y %all-- 7i7 conduct consum]    
te/+ t %all s]ve z ! basis 9 det]m9+ !  
requirem5ts = f9ancial aid (f]s publi%$ 
"u subp>agraph 7,a71 :i* %all include   
/ud5ts 7includ+ l[-income /ud5ts1       
,engli% le>n]s1 fir/ g5]ation college   
/ud5ts1 vet]an /ud5ts1 graduate /ud5ts1 
& und]graduate /ud5ts 7includ+          
prospective /ud5ts & return+ /ud5ts771  
/ud5ts' families 7includ+ l[-income     
families1 families ( ,engli% le>n]s1 &  
families ) fir/ g5]ation college        
/ud5ts71 in/itutions ( high] education  
7includ+ repres5tatives f two- & f\r-ye>
 in/itutions1 public & private          
in/itutions1 & m9ority-s]v+             
in/itutions71 second>y s*ool &          

po/second>y c\nselors1 f9ancial aid     
adm9i/rators1 nonpr(it college access   
organizations1 & nonpr(it consum] gr\ps2
 &  7ii7 n lat] ?an #fj days aft] !     
publication ( ! requirem5ts "u          
subp>agraph 7,a7-- 7,i7 issue a report  
on ! f9d+s ( ! consum] te/+ "u ?is      
subp>agraph2 &  7,,ii7 specify ways 9   
:i* ! f9d+s are reflect$ 9 su*          
requirem5ts4  7#b7 ,def9itions ,9 ?is   
subsection--  7,a7 ! t]m co/ ( att5dance
 has ! mean+ giv5 ! t]m 9 section #dgb2 
7,b7 ! t]m ,engli% le>n] has ! mean+    
giv5 ! t]m 9 section #haja7bj7 ( !      
,elem5t>y & ,second>y ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ghja7bj771 except 
t su* t]m does n include individuals    
describ$ 9 subp>agraph 7,b7 ( su*       
section2  7,c7 ! t]m fir/ g5]ation      
college /ud5t has ! mean+ giv5 ! t]m 9  
section #djb;,a7h72  7,d7 ! t]m         
l[-income /ud5t has ! mean+ giv5 ! t]m 9
 section #dai,n7b77#g72 &  7,e7 ! t]m   
m9ority-s]v+ in/itution means an        
in/itution ( high] education describ$ 9 

section #cga7;a74  4  #e4 ,effective    
date ,! am5dm5ts made by ?is ,act %all  
apply ) respect to aw>d ye>s 7z t t]m is
 def9$ 9 section #dha7;a77#a7 ( ! ,high]
 ,education ,act ( #aife 7#bj ,u4,s4,c4 
#ajhh7;a77#a777 beg9n+ aft] ! date ( !  
enactm5t ( ?is ,act4