# 117-hr-9429: College Cost Transparency and Student Protection Act

117-hr-9429, College Cost Transparency and Student Protection Act, is a 117th Congress bill sponsored by Rep. McClain, Lisa C. [R-MI-9] (R-MI); status Referred to the House Committee on Education and Labor. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-9429
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-9429
- Congress: 117
- Title: College Cost Transparency and Student Protection Act
- Status: Referred to the House Committee on Education and Labor.
- Introduced: 2022-12-05
- Sponsor: Rep. McClain, Lisa C. [R-MI-9] (R-MI)
- Cosponsors: 2
- Policy area: Education
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

College Cost Transparency and Student Protection Act This bill outlines requirements for financial aid offers that must be provided to prospective and enrolled students. Specifically, the bill requires the Department of Education (ED) to publish requirements for financial aid offers that each institution of higher education (IHE) participating in federal student aid programs must provide to students. These requirements include standardized terms and definitions, certain formatting requirements, and components regarding costs. In particular, a financial aid offer must first include a component related to direct costs (i.e., tuition, fees, and other expenses required for the student to enroll in the IHE). If the student completes the component related to direct costs and confirms that the student is seeking financial assistance for indirect costs (e.g., housing and food, books and supplies, and transportation), then the offer must include components related to those indirect costs. IHEs may not refer to these offers as award letters. The bill requires ED to ensure that information published on the website of each IHE or the College Scorecard includes information on costs, earnings, and loan payments in a manner consistent with financial aid offers. The College Scorecard is a comparison tool for information on school sizes, settings, graduation rates, average costs, and salary ranges per field of study.

## Cosponsors (2)

- Rep. Foxx, Virginia [R-NC-5] (R-NC), 2022-12-05T00:00:00.000Z
- Sen. Banks, Jim [R-IN] (R-IN), 2022-12-08T00:00:00.000Z

## Related bills

- 117-hr-8909: Simplified Joint Consolidation Separation Act
- 117-hr-8814: Protecting Pain-Capable Unborn Children from Late-Term Abortions Act
- 117-hr-8656: To designate the clinic of the Department of Veterans Affairs in Mishawaka, Indiana, as the "Jackie Walorski VA Clinic".
- 117-hres-1167: Providing for the consideration of the bill (H.R. 1011) to implement equal protection under the 14th article of amendment to the Constitution for the right to…
- 117-hr-6970: FIND Act
- 117-hjres-72: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Centers for Disease Control and Prevention rel…

## Sources
- [117-hr-9429 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/9429)

## Related
- [117-hr-8909: Simplified Joint Consolidation Separation Act](https://policyrisk.com/legislation/117-hr-8909)
- [117-hr-8814: Protecting Pain-Capable Unborn Children from Late-Term Abortions Act](https://policyrisk.com/legislation/117-hr-8814)
- [117-hr-8656: To designate the clinic of the Department of Veterans Affairs in Mishawaka, Ind…](https://policyrisk.com/legislation/117-hr-8656)
- [117-hres-1167: Providing for the consideration of the bill (H.R. 1011) to implement equal prot…](https://policyrisk.com/legislation/117-hres-1167)
- [117-hr-6970: FIND Act](https://policyrisk.com/legislation/117-hr-6970)
- [117-hjres-72: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-72)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-9429 (as of 2025-11-18).