The bill would change how colleges calculate a student's cost of attendance. It would let them include up to $2,000 per award year for reasonable costs of assessments that evaluate learning gained outside college, including test fees. The limit would be adjusted for inflation after the 2025–2026 award year. To qualify, an assessment must evaluate evidence of learning, meet standards based on relevant subject matter experts, and lead to college credit without requiring more coursework. Accrediting agencies would review colleges' assessment standards, which must be public. Colleges would also report how many students receive prior learning credit and the average credits awarded, broken down by race, income, and Pell Grant status. The bill is set to take effect July 1, 2027, unless otherwise specified.
Students may be able to include qualifying prior learning assessment costs in their college cost of attendance calculation. The bill also requires colleges to report information about students who receive credit for prior learning. It does not say that a college must offer these assessments or award credit for all prior learning.
The bill allows an amount of up to $2,000 per award year for reasonable assessment costs, including test fees, to be included in cost of attendance. The amount would be adjusted for inflation after the 2025–2026 award year.
No publicly available information.
No publicly available information.