# 114-hr-4533: Net Price Calculator Improvement Act

114-hr-4533, Net Price Calculator Improvement Act, is a 114th Congress bill sponsored by ELIJAH CUMMINGS (D-MD); status Referred to the Subcommittee on Higher Education and Workforce Training. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4533
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4533
- Congress: 114
- Title: Net Price Calculator Improvement Act
- Status: Referred to the Subcommittee on Higher Education and Workforce Training.
- Introduced: 2016-02-11
- Sponsor: ELIJAH CUMMINGS (D-MD)
- Cosponsors: 2
- Policy area: Education
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Net Price Calculator Improvement Act This bill amends the Higher Education Act of 1965 to establish the minimum requirements for the net price calculator that each institution of higher education (IHE) receiving federal funds under title IV (Student Assistance) of the Act must include on its website. (An IHE's "net price" is the average yearly price actually charged to first-time, full-time undergraduate students receiving student aid at the school after deducting such aid.) It requires the link for the calculator to be clearly labeled and conspicuously posted on an IHE's website. It requires each calculator's results page to include: the net price of attending the IHE; the cost of attending the IHE; the estimated total need- and merit-based grant aid, from federal, state, and institutional sources, that may be available to first-time, full-time undergraduate students enrolled at the IHE; the percentage of such students enrolled at the school who receive any of that grant aid; and a notice that an estimate of an individual's net price is non-binding and subject to change. It requires calculators that estimate a user's eligibility for veterans' education benefits or educational benefits for active duty service members to clearly distinguish those benefits from other grant-aid. Requires calculators that do not make such estimates to provide users with notice of, and a link to information concerning, those benefits. The bill directs IHEs to populate their calculators with data from not later than two academic years prior to the most recent academic year. Calculators must: (1) clearly indicate which questions need to be completed for a net price estimate, (2) clearly mark requests for contact information as optional, and (3) prohibit personally identifiable information from being sold or made available to third parties. It authorizes the Department of Education to develop a universal net price calculator that enables users to answer one set of questions and receive net prices for any IHE that is required to have a net price calculator.

## Cosponsors (2)

- RUBEN HINOJOSA (D-TX), 2016-02-11T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-02-26T00:00:00.000Z

## Related bills

- 114-hr-5557: Poll Tax Prohibition Act of 2016
- 114-hr-5373: LGBT Data Inclusion Act
- 114-hr-5207: Freedom of Religion Act of 2016
- 114-hr-5085: Fair Chance at Housing Act of 2016
- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-5025: 2016 Tax Day Floods Supplemental Funding Act

## Sources
- [114-hr-4533 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4533)

## Related
- [114-hr-5557: Poll Tax Prohibition Act of 2016](https://policyrisk.com/legislation/114-hr-5557)
- [114-hr-5373: LGBT Data Inclusion Act](https://policyrisk.com/legislation/114-hr-5373)
- [114-hr-5207: Freedom of Religion Act of 2016](https://policyrisk.com/legislation/114-hr-5207)
- [114-hr-5085: Fair Chance at Housing Act of 2016](https://policyrisk.com/legislation/114-hr-5085)
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-5025: 2016 Tax Day Floods Supplemental Funding Act](https://policyrisk.com/legislation/114-hr-5025)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4533 (as of 2025-11-18).