Net Price Calculator Improvement Act

This bill requires colleges to improve their net price calculators - tools that estimate student costs after aid - by setting specific display and data standards. Institutions must prominently label calculators on their websites, show detailed cost breakdowns (tuition, room/board, books), and display estimated grant aid disaggregated by income and academic year. The bill also mandates clear privacy notices stating user data won’t be sold and ensures veterans’ benefits are clearly distinguished if included. It applies to all colleges already required to provide these calculators under federal law, with changes due within one year of enactment.