Relates to student financial aid award letters
Summary
Requires student financial aid award letters to contain information on net costs, defined as an estimate of the costs of attendance after financial aid which does not require repayment and options for loans which do require repayment.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
May 2025
Senate Passage
May 2025
Assembly Passage
Jun 2025
Signed into Law
Dec 2025
Introduced Feb 3, 2025
Signed Dec 5, 2025
Floor votes · Senate May 19, 2025 · Assembly Jun 9, 2025
How they voted
56–0
Passed · 6 other
Total votes 62
May 19, 2025
D
Democratic40
87% Yea
R
Republican22
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
3
Committee
2
Dec 5, 2025
Signed into law
SIGNED CHAP.602
upper
Jun 9, 2025
Lower · Passed
PASSED ASSEMBLY
lower
May 19, 2025
Committee
REFERRED TO BANKS
lower
May 19, 2025
Upper · Passed
PASSED SENATE
upper
Feb 3, 2025
Committee
REFERRED TO BANKS
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Andrew Gounardes
DDemocratic
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