# 119-s-1557: Net Price Calculator Improvement Act

119-s-1557, Net Price Calculator Improvement Act, is a 119th Congress bill sponsored by Sen. Grassley, Chuck [R-IA] (R-IA); status introduced; PRIA reads it as touching household money (as of 2026-05-15).

- Canonical: https://policyrisk.com/legislation/119-s-1557
- As of: 2026-05-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1557
- Congress: 119
- Title: Net Price Calculator Improvement Act
- Status: introduced
- Introduced: 2025-05-01
- Sponsor: Sen. Grassley, Chuck [R-IA] (R-IA)
- Cosponsors: 3
- Policy area: Education
- Touches household money: yes
- Last recorded action: 2026-05-15

## Summary

**standardized net price calculators** would require colleges to show clear, comparable cost and aid estimates and would let the Education Department create a tested, universal calculator while protecting user data. - Students and families would see a prominently linked calculator with net prices by income, an individual net price, detailed cost-of-attendance breakdowns, total estimated cost to complete a program, and grant aid by source and year. The display would use data no older than two academic years. - Veterans would get either an estimate showing how their education benefits are treated or a clear explanation and link if benefits are not estimated. - Colleges would have to mark required questions versus optional contact fields and would be prohibited from selling or sharing personally identifiable responses collected by the calculator. - The Department of Education could build a single universal calculator that returns net prices for any covered institution from one set of questions. The tool would undergo up to six months of consumer testing with students, families, institutions, counselors, and nonprofits and require a report to Congress within three months after testing concludes.

## Cosponsors (3)

- Sen. Smith, Tina [D-MN] (D-MN), 2025-05-01T00:00:00.000Z
- Sen. Hassan, Margaret Wood [D-NH] (D-NH), 2025-05-05T00:00:00.000Z
- Sen. Warnock, Raphael G. [D-GA] (D-GA), 2025-12-10T00:00:00.000Z

## Provisions PRIA read

- Clear college net price tools: benefit, low. If enacted, this bill would require colleges' net price calculators to meet new minimum rules within 1 year. Calculators must use data no earlier than two academic years before the most recent year. They must show a clear net price, detailed cost breakdowns, grant aid estimates by year, and a priva…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-2511: College Transparency Act
- 119-s-3345: PBM Price Transparency and Accountability Act
- 119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former United States Senator for the State of Kansas.
- 119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewellyn Kyl, former Senator for the State of Arizona.

## Sources
- [119-s-1557 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1557)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-2511: College Transparency Act](https://policyrisk.com/legislation/119-s-2511)
- [119-s-3345: PBM Price Transparency and Accountability Act](https://policyrisk.com/legislation/119-s-3345)
- [119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former Uni…](https://policyrisk.com/legislation/119-sres-913)
- [119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewel…](https://policyrisk.com/legislation/119-sres-897)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1557 (as of 2026-05-15).