,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #hhh  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #bg1 #bjai ,mr4   
,grassley 7= himself1 ,ms4 ,smi?1 & ,ms4
 ,ern/7 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to require a /&>d f9ancial  
aid (f] =m1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,und]/&+ ! ,true ,co/ ( ,college ,act ( 
#bjai4  #b4 ,in/itution ,f9ancial ,aid  
,(f] ,=m ,section #dhd ( ! ,high]       
,education ,opportunity ,act 7#bj       
,u4,s4,c4 #ajib note7 is am5d$ to read z
 foll[s3  #dhd4 ,in/itution ,f9ancial   
,aid ,(f] ,=m  7a7 ,/&>d =mat &         
t]m9ology ,! ,secret>y ( ,education1 9  
consultation ) ! heads ( relevant ,f$]al
 ag5cies1 %all develop /&>d t]m9ology & 
a /&>d =mat = f9ancial aid (f] =ms bas$ 
on recomm5dations f repres5tatives (    
/ud5ts1 vet]ans1 s]vicememb]s1 /ud5ts'  
families1 in/itutions ( high] education 
7includ+ community colleges1 =-pr(it    

in/itutions1 f\r ye> public in/itutions1
 & f\r ye> private nonpr(it             
in/itutions71 f9ancial aid exp]ts1      
second>y s*ool & po/second>y c\nselors1 
nonpr(it organizations1 & consum] gr\ps4
  7b7 ,key requir$ cont5ts = (f] =m ,!  
/&>d =mat develop$ "u subsection 7a7    
%all include1 9 a consum]-fri5dly mann] 
t is simple & und]/&able1 a =m titl$    
,f9ancial ,aid ,(f]1 :i* %all include ! 
foll[+ items cle>ly sep>at$ f ea* o!r ) 
sep>ate head+s1 &1 if 9 pap] =mat1 li/$ 
on ! fir/ page ( ! f9ancial aid (f] =m3 
7#a7 ,co/ in=mation  7,a7 ,in=mation on 
! /ud5t's e/imat$ co/ ( att5dance1      
includ+ ! foll[+3 7i7 ,total direct     
co/s1 includ+ ! compon5t totals ea* =-- 
7,i7 tuition & fees1 z det]m9$ "u       
section #dgb ( ! ,high] ,education ,act 
( #aife 7#bj ,u4,s4,c4 #ajhgll72 &      
7,,ii7 college-sponsor$ h\s+ & food co/s
 7z det]m9$ bas$ on ! co/s = room & bo>d
 "u su* section74  7ii7 ,total e/imat$  
o!r exp5ses1 includ+-- 7,i7 ! compon5t  
totals ea* = h\s+ & food co/s = /ud5ts  

:o reside (f-campus2 &  7,,ii7 = all    
/ud5ts1 books1 supplies1 transportation1
 & miscellane\s p]sonal exp5ses 7:i* may
 include co/s ( heal? insurance &       
dep5d5t c>e71 z det]m9$ "u section #dgb 
( ! ,high] ,education ,act ( #aife 7#bj 
,u4,s4,c4 #ajhgll74  7,b7 ,an indication
 ( ! academic p]iod cov]$ by ! f9ancial 
aid (f]1 & an explanation t ! f9ancial  
aid (f]$ may *ange = academic p]iods n  
cov]$ by ! aid (f]4  7,c7 ,an indication
 ( :e!r co/ & aid e/imates are bas$ on  
full-"t or "p-"t enrollm5t4  7,d7 ,an   
indication1 z applicable1 ab\t :e!r !   
tuition & fees are e/imat$ bas$ on !    
previ\s ye>1 or are set1 = ! academic   
p]iod indicat$ 9 accordance )           
subp>agraph 7,b74  7#b7 ,f9ancial aid ,!
 am\nt & s\rce ( f9ancial aid t ! /ud5t 
does n h to repay1 su* z s*ol>%ips1     
grant aid (f]$ "u title ,,iv ( ! ,high] 
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq471 grant aid (f]$ ?r\gh o!r
 ,f$]al programs1 or grant aid (f]$ by !
 in/itution1 a ,/ate1 or1 if kn[n1 an   

outside s\rce to ! /ud5t = su* academic 
p]iod1 includ+-- 7,a7 a disclosure t !  
f9ancial aid does n h to be repaid2 &   
7,b7 if in/itutional aid is includ$--   
7i7 ! conditions "u :i* ! /ud5t c expect
 to receive simil> am\nts ( su* f9ancial
 aid = ea* academic p]iod ! /ud5t is    
enroll$ at ! in/itution2 &  7ii7 :e!r ! 
in/itutional aid (f] may *ange if grants
 or s*ol>%ips f outside s\rces are      
appli$ aft] ! /ud5t receives ! (f] =m1  
&1 if applicable1 h[ t aid w *ange4     
7#c7 ,net price  7,a7 ,! net price t !  
/ud5t1 or ! /ud5t's family on behalf ( !
 /ud5t1 is e/imat$ to h to pay = ! /ud5t
 to att5d ! in/itution = su* academic   
p]iod1 equal to--  7i7 ! co/ ( att5dance
 z describ$ 9 p>agraph 7#a77;,a7 = !    
/ud5t = ! p]iod indicat$ 9 p>agraph     
7#a77;,b72 m9us  7ii7 ! am\nt ( grant   
aid describ$ 9 p>agraph 7#b7 t is       
includ$ 9 ! f9ancial aid (f] =m4  7,b7  
,a disclosure t ! net price is an       
e/imate ( ! total exp5ses = ! ye> & n   
equival5t to ! am\nt ! /ud5t w owe      

directly to ! in/itution4  7#d7 ,"w-/udy
 ,in=mation on "w-/udy employm5t        
opportunities1 (f]$ 9 accordance ) "p ,c
 ( title ,,iv ( ! ,high] ,education ,act
 ( #aife 7#bj ,u4,s4,c4 #ajhg-ea et     
seq47 includ+ a disclosure t ! "w-/udy  
aid (f]$ is subject to ! availability ( 
qualifi$ employm5t opportunities & is   
disburs$ ov] "t z e>n$ by ! /ud5t4      
,"w-/udy employm5t opportunities 7or a  
/ud5t's pot5tial income bas$ on ^?      
opportunities7 %all n be includ$ 9 !    
category ( f9ancial aid describ$ "u     
p>agraph 7#b74  7#e7 ,loans  7,a7       
,in=mation on any loan "u "p ,d or "p ,e
 ( title ,,iv ( ! ,high] ,education ,act
 ( #aife 7#bj ,u4,s4,c4 #ajhg;a et seq42
 #bj ,u4,s4,c4 #ajhg;aa et seq47 7except
 a ,f$]al ,direct ,,plus ,loan "u "p ,d 
( t ,act7 t ! in/itution recomm5ds = !  
/ud5t = ! academic p]iod cov]$ by ! (f]1
 :i* %all be made-- 7i7 ) cle> use ( !  
^w loan to describe ! recomm5d$ loan    
am\nts2 &  7ii7 ) cle> label+ (         
subsidiz$ & unsubsidiz$ loans4  7,b7 ,a 

disclosure t su* loans h to be repaid & 
a disclosure t ! /ud5t c borr[ a less]  
or1 if applicable1 great] am\nt ?an !   
recomm5d$ loan am\nt4  7,c7 ,a          
disclosure t ! int]e/ rates & fees on   
su* loans are set annually & affect     
total co/ ov] "t1 & a l9k to a ,dep>tm5t
 ( ,education website t includes curr5t 
in=mation on int]e/ rates & fees4  7,d7 
,a l9k to ! ,dep>tm5t ( ,education's    
repaym5t calculator website = /ud5ts )  
in/ruction t ?is website conta9s        
cu/omizable e/imates ( expect$ repaym5t 
co/s "u diff]5t loan repaym5t plans4    
7#f7 ,process = accept+ or decl9+ aid & 
next /eps  7,a7 ,! deadl9es & a summ>y (
 ! process 7includ+ ! next /eps7 =-- 7i7
 accept+ ! f9ancial aid (f]$ 9 !        
f9ancial aid (f] =m2  7ii7 reque/+ high]
 loan am\nts if recomm5d$ loan am\nts 7 
includ$2 &  7iii7 decl9+ aid (f]$ 9 !   
=m4  7,b7 ,in=mation on :5 & h[ direct  
co/s to ! in/itution mu/ be paid4  7,c7 
,a disclosure t v]ification ( f9ancial  
circum/ances may require ! /ud5t to     

submit ( fur!r docum5tation4  7,d7      
,in=mation ab\t :]e a /ud5t or ! /ud5t's
 family c seek additional in=mation     
reg>d+ ! f9ancial aid (f]$1 includ+     
contact in=mation = ! in/itution's      
f9ancial aid (fice & ! ,dep>tm5t (      
,education's website on f9ancial aid4   
7#g7 ,additional in=mation ,any o!r     
in=mation ! ,secret>y ( ,education1 9   
consultation ) ! heads ( relevant ,f$]al
 ag5cies1 includ+ ! ,secret>y ( !       
,treasury & ! ,director ( ! ,bureau (   
,consum] ,f9ancial ,protection1 det]m9es
 necess>y 7bas$ on ! results ( ! consum]
 te/+ "u p>agraph 7g77#b77 s t /ud5ts & 
p>5ts c make in=m$ loan borr[+          
decisions1 :i* may include--  7,a7 ! mo/
 rec5t cohort default rate1 z def9$ 9   
section #dce7m7 ( ! ,high] ,education   
,act ( #aife 7#bj ,u4,s4,c4 #ajhe7m77 ) 
respect to an in/itution :]e m ?an #cj  
p]c5t ( enroll$ /ud5ts borr[ loans to   
pay = _! education1 & a comp>ison to !  
national av]age cohort default rate2    
7,b7 ! p]c5tage ( /ud5ts at ! in/itution

 :o borr[ /ud5t loans2  7,c7 ! m$ian    
loan debt at graduation = /ud5ts at !   
in/itution 7cle>ly m>k$ z includ+ only  
,f$]al loans if private loan data are n 
available to be includ$72 &  7,d7 !     
e/imat$ in/itutional *>ges t ! /ud5t1 or
 ! /ud5t's family on behalf ( ! /ud5t1 w
 h to pay directly to ! in/itution = !  
/ud5t to att5d ! in/itution = ! academic
 p]iod describ$ 9 p>agraph 7#a77;,b71   
equal to--  7i7 ! total direct co/s z   
describ$ 9 p>agraph 7#a77;,a77i7 = !    
/ud5t = ! p]iod indicat$ 9 p>agraph     
7#a77;,b72 m9us  7ii7 ! am\nt ( grant   
aid describ$ 9 p>agraph 7#b7 t is       
includ$ on ! f9ancial aid (f] =m4  7c7  
,o!r requir$ cont5ts = ! (f] =m ,! /&>d 
=m develop$ "u subsection 7a7 %all      
include1 9 addition to ! in=mation      
describ$ 9 subsection 7b71 ! foll[+     
in=mation to be includ$ on ! f9ancial   
aid (f] =m 9 a concise =mat det]m9$ by !
 ,secret>y ( ,education1 9 consultation 
) ! heads ( relevant ,f$]al ag5cies3    
7#a7 ,at ! in/itution's discretion--    

7,a7 additional options & pot5tial      
res\rces = pay+ = ! am\nt li/$ 9        
subsection 7b77#c71 su* z tuition paym5t
 plans2 &  7,b7 a disclosure t ,f$]al   
,direct ,,plus ,loans or private        
education loans may be available to cov]
 rema9+ ne$1 except t ! in/itution may n
 include an am\nt = ,f$]al ,direct      
,,plus ,loans or private education loans
 & mu/ include a disclosure = ,f$]al    
,direct ,,plus ,loans t su* loans are   
subject to an additional application    
process1 h to be repaid by ! borr[]1 &  
may n be eligible = all ! b5efits       
available = ,f$]al ,direct ,/af=d ,loans
 or ,f$]al ,direct ,unsubsidiz$ ,/af=d  
,loans4  7#b7 ,! foll[+ in=mation relat+
 to private /ud5t loans3 7,a7 ,a /atem5t
 t /ud5ts consid]+ borr[+ to cov] ! co/ 
( att5dance %\ld consid] available      
,f$]al /ud5t loans prior to apply+ =    
private education loans1 includ+ an     
explanation t ,f$]al /ud5t loans (f]    
g5]ally m favorable t]ms & b5eficial    
repaym5t options ?an private loans4     

7,b7 ,! impact ( a propos$ private      
education loan on ! /ud5t's pot5tial    
eligibility = o!r f9ancial assi/ance1   
includ+ ,f$]al f9ancial assi/ance "u    
title ,,iv ( ! ,high] ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ajgj et seq474    
7,c7 ,a /atem5t expla9+ ! /ud5t's       
ability to select a private educational 
l5d] ( ! /ud5t's *oice4  7d7 ,additional
 requirem5ts = f9ancial aid (f] =m ,!   
f9ancial aid (f] =m %all meet ! foll[+  
requirem5ts3 7#a7 ,include1 9 addition  
to ! requirem5ts describ$ 9 subsections 
7b7 & 7c71 a concise summ>y1 9 pla9     
language1 (--  7,a7 ! t]ms & conditions 
( f9ancial aid recomm5d$ "u p>agraphs   
7#b71 7#d71 & 7#e7 ( subsection 7b71 & a
 me?od to provide /ud5ts ) additional   
in=mation ab\t su* t]ms & conditions1   
su* z l9ks to ! supplem5t>y in=mation2 &
  7,b7 ,f$]al1 ,/ate1 or in/itutional   
conditions requir$ to receive & r5ew    
f9ancial aid & a me?od to provide /ud5ts
 ) additional in=mation ab\t ^!         
conditions1 su* z l9ks to ! supplem5t>y 

in=mation4  7#b7 ,cle>ly di/+ui% betwe5 
! aid (f]$ 9 p>agraphs 7#b71 7#d71 &    
7#e7 ( subsection 7b71 by includ+ a     
subtotal = ! aid (f]$ 9 ea* ( su*       
p>agraphs & by refra9+ f comm+l+ !      
diff]5t types ( aid describ$ 9 su*      
p>agraphs4  7#c7 ,use /&>d t]m9ology &  
def9itions1 z describ$ 9 subsection     
7e77#a7 & use pla9 language :]e         
possible4  7#d7 ,if an in/itution's     
recomm5d$ ,f$]al /ud5t loan aid (f]$ 9  
subsection 7b77#e7 is less ?an ! ,f$]al 
maximum available to ! /ud5t1 !         
in/itution %all provide additional      
in=mation on ,f$]al /ud5t loans1 includ+
 ! types & am\nts = :i* ! /ud5t is      
eligible 9 an atta*$ docum5t or webpage4
  7#e7 ,use ! /&>d (f] =m describ$ 9    
subsection 7e77#b74  7#f7 ,include !    
/&>diz$ /atem5t reg>d+ ! possible       
availability ( ,f$]al education b5efits1
 z e/abli%$ by ! ,secret>y 9 accordance 
) subsection 7e77#c74  7#g7 ,include a  
deliv]y confirmation = electronic       
f9ancial aid (f] =ms1 except t receipt (

 ! f9ancial aid (f] =m %all n be        
consid]$ an acceptance or rejection (   
aid by ! /ud5t4  7#h7 ,) respect to     
dep5d5t /ud5ts1 any ref]5ce to private  
education loans %all be accompani$ by-- 
7,a7 in=mation ab\t ! availability (1 & 
t]ms & conditions associat$ )1 ,f$]al   
,direct ,,plus ,loans "u section #dee ( 
! ,high] ,education ,act ( #aife 7#bj   
,u4,s4,c4 #ajhg;e7 = ! /ud5t's p>5ts    
reg>dless ( family income2 &  7,b7 a    
notification ( ! /ud5t's increas$       
eligibility = ,f$]al /ud5t loans "u     
title ,,iv ( ! ,high] ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ajgj et seq47 if !
 /ud5t's p>5ts are n able to borr[ "u ! 
,f$]al ,direct ,,plus ,loan program4    
7e7 ,/&>d in=mation e/abli%$ by !       
,secret>y  7#a7 ,/&>d t]m9ology ,n lat] 
?an #c mon?s aft] ! date ( enactm5t ( ! 
,und]/&+ ! ,true ,co/ ( ,college ,act ( 
#bjai1 ! ,secret>y ( ,education1 9      
consultation ) ! heads ( relevant ,f$]al
 ag5cies1 includ+ ! ,secret>y ( !       
,treasury & ! ,director ( ! ,consum]    

,f9ancial ,protection ,bureau1          
repres5tatives ( in/itutions ( high]    
education1 nonpr(it consum] gr\ps1      
/ud5ts1 & second>y s*ool & high]        
education guidance c\nselors1 %all      
e/abli% /&>d t]m9ology & def9itions = ! 
t]ms describ$ 9 subsection 7b74  7#b7   
,/&>d =m  7,a7 ,9 g5]al ,! ,secret>y (  
,education %all develop multiple draft  
f9ancial aid (f] =ms = consum] te/+1    
c>ry out consum] te/+ = su* =ms1 &      
e/abli% a f9aliz$ /&>d f9ancial aid (f] 
=m1 9 accordance ) ! process e/abli%$ 9 
subsection 7g7 & ! requirem5ts ( ?is    
section4  7,b7 ,sep>ate f9ancial aid (f]
 =ms ,! ,secret>y may develop sep>ate   
f9ancial aid (f] =ms =--  7i7           
und]graduate /ud5ts & graduate /ud5ts2 &
  7ii7 fir/-"t /ud5ts & return+ /ud5ts4 
7#c7 ,additional b5efits ,! ,secret>y ( 
,education1 9 consultation ) ! heads (  
relevant ,f$]al ag5cies1 includ+ !      
,secret>y ( ! ,treasury1 ! ,secret>y (  
,vet]ans ,affairs1 ! ,secret>y (        
,def5se1 & ! ,director ( ! ,consum]     

,f9ancial ,protection ,bureau1 %all     
e/abli% /&>d language notify+ /ud5ts t  
!y may be eligible = education b5efits  
7& :]e /ud5ts c locate m in=mation ab\t 
su* b5efits17 includ+ b5efits 9         
accordance ) ea* ( ! foll[+3 7,a7 ,*apt]
 #cj1 #ca1 #cb1 #cc1 #cd1 or #ce ( title
 #ch1 ,unit$ ,/ates ,code4  7,b7 ,*apt] 
#aja1 #aje1 #ajf;,a1 #afjf1 #afjg1 or   
#afjh ( title #aj1 ,unit$ ,/ates ,code4 
7,c7 ,section #aghd;a1 #bjje1 or #bjjg (
 title #aj1 ,unit$ ,/ates ,code4  7f7   
,supplem5tal in=mation2 removal (       
in=mation  7#a7 ,no?+ 9 ?is section %all
 preclude an in/itution f supplem5t+ !  
f9ancial aid (f] =m ) additional        
in=mation if su* additional in=mation   
supplem5ts ! f9ancial aid (f] =m & is n 
locat$ on ! f9ancial aid (f] =m1 &      
provid$ su* in=mation utilizes ! same   
/&>d t]m9ology id5tifi$ 9 subsection    
7e77#a74  7#b7 ,no?+ 9 ?is section %all 
preclude an in/itution f delet+ a       
requir$ item if ! borr[] is ineligible =
 su* aid4  7g7 ,developm5t ( f9ancial   

aid (f] =m  7#a7 ,draft =m ,n lat] ?an  
#i mon?s aft] ! date ( enactm5t ( !     
,und]/&+ ! ,true ,co/ ( ,college ,act ( 
#bjai1 ! ,secret>y ( ,education1 9      
consultation ) ! heads ( relevant ,f$]al
 ag5cies1 includ+ ! ,secret>y ( !       
,treasury & ! ,director ( ! ,consum]    
,f9ancial ,protection ,bureau1          
repres5tatives ( in/itutions ( high]    
education1 nonpr(it consum] gr\ps1      
/ud5ts1 & second>y s*ool & high]        
education guidance c\nselors1 %all      
design & produce multiple draft f9ancial
 aid (f] =ms = consum] te/+ )           
po/second>y /ud5ts or prospective       
/ud5ts4 ,9 develop+ t =m1 ! ,secret>y   
%all ensure-- 7,a7 t ! in=mation        
describ$ 9 p>agraphs 7#a7 ?r\gh 7#e7 (  
subsection 7b7 is 9 ! same font1 appe>s 
9 ! same ord]1 & is display$ prom95tly  
on ! fir/ page ( ! f9ancial aid (f] =m1 
if 9 pap] =mat1 or 9 a simil>ly prom95t 
place if 9 electronic =mat1 su* t none (
 t in=mation is inappropriately omitt$  
or de-emphasiz$2  7,b7 t ! o!r in=mation

 requir$ 9 subsection 7b7 appe>s 9 a    
/&>d =mat & design on ! f9ancial aid (f]
 =m2 &  7,c7 t ! in/itution may include 
a logo or br& alongside ! title ( !     
f9ancial aid (f] =m4  7#b7 ,consum] te/+
  7,a7 ,9 g5]al ,n lat] ?an #i mon?s    
aft] ! date ( enactm5t ( ! ,und]/&+ !   
,true ,co/ ( ,college ,act ( #bjai1 !   
,secret>y ( ,education1 9 consultation )
 ! heads ( relevant ,f$]al ag5cies1 %all
 e/abli% a process to submit ! f9ancial 
aid (f] =m drafts develop$ "u p>agraph  
7#a7 = consum] te/+ among repres5tatives
 ( /ud5ts 7includ+ l[-income /ud5ts1    
fir/ g5]ation college /ud5ts1 adult     
/ud5ts1 vet]ans1 s]vicememb]s1 &        
prospective /ud5ts71 /ud5ts' families   
7includ+ l[-income families1 families ) 
fir/ g5]ation college /ud5ts1 & families
 ) prospective /ud5ts71 in/itutions (   
high] education1 second>y s*ool &       
po/second>y c\nselors1 & nonpr(it       
consum] gr\ps4  7,b7 ,pilot ,dur+ su*   
consum] te/+1 ! ,secret>y %all ensure t 
n less ?an #af & n m ?an #bd eligible   

in/itutions use ! draft =ms develop$ "u 
p>agraph 7#a71 includ+ in/itutions--    
7i7 t reflect a proportionate           
repres5tation 7bas$ on ! total numb] (  
/ud5ts enroll$ 9 po/second>y education7 
( community colleges1 =-pr(it           
in/itutions1 f\r ye> public in/itutions1
 & f\r ye> private nonpr(it in/itutions2
 &  7ii7 t reflect geographic div]sity4 
7,c7 ,l5g? ( consum] te/+ ,! ,secret>y (
 ,education %all ensure t ! consum] te/+
 "u ?is p>agraph la/s no long] ?an #h   
mon?s aft] ! process = consum] te/+ is  
develop$ "u subp>agraph 7,a74  7#c7     
,f9al =m  7,a7 ,9 g5]al ,! results (    
consum] te/+ "u p>agraph 7#b7 %all be   
us$ 9 ! f9al developm5t ( ! f9ancial aid
 (f] =m4  7,b7 ,report+ requirem5t ,n   
lat] ?an #c mon?s aft] ! date ! consum] 
te/+ "u p>agraph 7#b7 concludes1 !      
,secret>y ( ,education %all submit to   
,congress & publi% on its website ! f9al
 /&>d f9ancial aid (f] =m & a report    
detail+ ! results ( su* te/+1 includ+   
:e!r ! ,secret>y ( ,education add$ any  

additional items to ! /&>d f9ancial aid 
(f] =m pursuant to subsection 7b77#h74  
7#d7 ,au?ority to modify ,! ,secret>y ( 
,education may modify ! def9itions1     
t]ms1 =matt+1 & design ( ! f9ancial aid 
(f] =m bas$ on ! results ( consum] te/+ 
requir$ "u ?is subsection & be=e f9aliz+
 ! =m1 or 9 subsequ5t consum] te/+4 ,!  
,secret>y may also recomm5d additional  
*anges to ,congress4  4  #c4 ,m&atory =m
 ,"p ,b ( title ,i ( ! ,high] ,education
 ,act ( #aife 7#bj ,u4,s4,c4 #ajaa et   
seq47 is am5d$ by add+ at ! end !       
foll[+3  #abd4 ,use ( m&atory f9ancial  
aid (f] =m & t]ms  7a7 ,9 g5]al ,not)/&+
 any o!r provision ( law1 ea* in/itution
 ( high] education t receives ,f$]al    
f9ancial assi/ance "u ?is ,act %all--   
7#a7 use ! f9ancial aid (f] =m develop$ 
"u section #dhd ( ! ,high] ,education   
,opportunity ,act 7#bj ,u4,s4,c4 #ajib  
note7 9 provid+ pap]1 mobile-optimiz$   
(f]s1 or o!r electronic (f]s to all     
/ud5ts :o apply = aid & are accept$ at !
 in/itution2 &  7#b7 use ! /&>d         

t]m9ology & def9itions develop$ by !    
,secret>y ( ,education "u subsection    
7e77#a7 ( t ,act = all communications f 
! in/itution relat$ to f9ancial aid     
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