Affordability & Transparency (PA Act 69)

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What is PA Act 69 of 2024?

PA Act 69 of 2024 for College Affordability and Transparency was signed into law by Governor Josh Shapiro on July 17, 2024. The Act added three sections to the Public School Code:

Student Fee Transparency (Section 2004-H)

Institutions of Higher Education (IHEs) must post online every mandatory fee in advance of the start of the academic term for which the fee will be charged and included on a tuition bill. The posting must include the purpose of the fee and a description of how it will be used.

IHEs must post online from the prior academic year the total amount of mandatory fees collected with a detailed description/use of each by November 15th of each year.

Per Section 2001-H, a mandatory fee is defined as:

A charge imposed to all of the institution’s students, irrespective of their course or admission status, for enrollment or attendance for items not covered by tuition, room or board fees.

Requirements

  • IHEs must post online every mandatory fee in advance of the start of the academic term for which the fee will be charged and included on a tuition bill.  
  • IHEs must post online from the prior academic year the total amount of mandatory fees collected with a detailed description/use of each by November 15th of each year.

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.

Exit Counseling (Section 2006-H)

Institutions of Higher Education (IHEs) must provide financial aid exit counseling to students at the end of their final academic term, unless a student elects not to participate. Federal Student Aid (FSA) Federal Loan Exit Counseling does not supplant this requirement. Counseling may be in-person or online, and IHEs may partner with the Pennsylvania Higher Education Assistance Agency (PHEAA) or a similar entity.

Requirements

Franklin & Marshall College is proud to partner with PHEAA for the required financial aid exit counseling sessions. The Office of Financial Aid provides PHEAA with a list of students who have graduated, withdrawn, or taken a leave of absence at the conclusion of each semester. This list contains borrowing totals for both federal and private loans.