Title 20 › Chapter CHAPTER 28— - HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › Part Part C— - Cost of Higher Education › § 1015
Requires the Secretary of Education to have the Commissioner of Education Statistics create national, consistent rules for reporting what colleges spend to educate students. The Commissioner must run forums, make standard definitions for things like tuition and fees, cost of attendance (as defined in section 1087ll), average aid by type (including the types listed in section 1078(a)(2)(C)(ii), fellowships, and institutional aid), and counts of students who get each kind of aid. Those definitions had to be sent to colleges within 90 days after October 7, 1998, and the Department must begin collecting the data for institutions in federal programs starting in academic year 2000–2001 and every year after. The Department must publish the data so families can compare schools and understand typical costs. The Commissioner must also study how colleges spend money—covering tuition versus inflation, faculty and admin pay and benefits, academic support, research, operations and maintenance, and construction/technology costs—and evaluate how spending changes over time and how financial aid and tuition discounts affect prices. Reports from the study and a higher-education market basket by the Bureau of Labor Statistics were due to Congress by September 30, 2002. The Secretary may fine a college up to $25,000 for not providing accurate, timely data or for not cooperating. The Department must show a clear link to the Federal student aid website on its homepage, keep improving and widely advertising its college planning and aid information, and make one website that brings these resources together. Working with Defense and Veterans Affairs, the Department must build a searchable site about federal and state aid, readmission rules, and services for service members, veterans, and their dependents, and make it public within one year after August 14, 2008. The Department must also make non-Department student aid programs searchable on the federal aid website within 90 days after getting details from other agencies, create and maintain a National STEM Database of scholarships and fellowships with search and match tools and contact links (and may hire a contractor to help), and keep promoting these tools to schools and the public. No one may be charged to use these Department websites or the information on them. Defines: "nondepartmental student financial assistance program" — aid sent directly to students by federal agencies other than the Education Department; "Federal and State student financial assistance" — grants, loans, work, tuition help, scholarships, fellowships, or similar aid run or supported by the Education Department, Defense, Veterans Affairs, or a State for service members, veterans, or their dependents; "STEM Database" — the national listing of STEM scholarships, fellowships, and other postsecondary aid.
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Legislative History
Reference
Citation
20 U.S.C. § 1015
Title 20 — Education
Last Updated
Apr 6, 2026
Release point: 119-73