matches /students/bursar/act-69 ... percision: 3 of
What is Act 69
Act 69 of 2024 for College Affordability and Transparency, requires Institutions of Higher Education (IHEs) to present financial information in greater detail to students and to provide financial aid exit counseling at the end of a student’s final academic term. The act was signed into law by Governor Josh Shapiro on July 17, 2024.
This page is continually updated as we integrate the Pennsylvania Department of Education's ongoing statutory requirements and reporting.
Student Fee Transparency
Section 2004-H
Institutions of Higher Education (IHEs) are required to publish all mandatory fees online prior to the start of the academic term during which the fee will be assessed. The information must include an explanation of the fee’s purpose and details on how it will be utilized.
| Requirement | Resource |
|---|---|
| Publish all mandatory fees online before the beginning of the academic term during which the fee will be applied and reflected on the tuition bill. | |
| Publish online the total amount of mandatory fees collected from the previous academic year, along with the amount of mandatory fees allocated to each use. |
Higher Education Cost Transparency
Section 2005-H
Institutions of Higher Education (IHEs) must provide prospective students with extensive cost and financial aid information as part of the admission or financial aid offer process.
| Requirement | Resource |
|---|---|
| Offer prospective students extensive information about costs and financial aid as part of the admission or financial aid application process. | |
| First-year tuition, a list of both mandatory and optional fees, a breakdown of room and board choices, the costs for books and supplies, and parking fees. |
|
| Estimated financial aid including scholarships, grants, and loans and whether each need to be repaid. |
|
| Available student employment opportunities. | |
| The net cost of attendance (total costs minus scholarships and grants) along with an estimate of the overall cost for future years. |
|
| Details on whether financial aid is renewable each year and the requirements for renewal in subsequent years. | |
| A record of tuition from the previous academic year, along with projected tuition and fee estimates for each year until the student completes their major. |
Exit Counseling
Section 2006-H
Institutions of Higher Education (IHEs) are required to offer financial aid exit counseling to students at the conclusion of their final academic term, unless the student chooses not to participate. This requirement is in addition to Federal Student Aid (FSA) Loan Exit Counseling. The counseling may be provided either in-person or online, and institutions may collaborate with the Pennsylvania Higher Education Assistance Agency or a similar organization.
| Requirement | Resource |
|---|---|
| A list of all available federal and state programs, including relevant websites and contact details, that can help with student loan payments, reductions, or forgiveness. | |
| A comprehensive list of all student loan repayment options known to the IHE, along with a link to an online student loan repayment calculator, if available. | |
| The start date for student loan repayment and details on how to postpone repayment. | |
| If a student withdraws, they must be provided with the same information. If counseling cannot be conducted, the information packet must be sent to the student’s last known address. |
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matches /students/bursar/act-69 ... percision: 3 of