This bill aims to enhance the Net Price Calculator system under the Higher Education Act of 1965, ensuring prospective students receive a more accurate understanding of college costs. It mandates that institutions of higher education meet new minimum standards for their net price calculators within one year of the bill's enactment. These changes are designed to improve transparency and usability for students and families. The new standards require the calculator link to be prominently labeled and displayed on relevant institutional webpages, matching the size and font of other primary menu links. The input screen must present a chart of net prices disaggregated by income categories for federal aid recipients. The results screen must clearly show the individual net price , a detailed breakdown of the cost of attendance (including tuition, fees, room, board, books, and other expenses), and estimated need-based and merit-based grant aid from all sources. Furthermore, the results screen must indicate the percentage of first-time, full-time undergraduates receiving grant aid and provide specific information regarding veterans' education benefits. Institutions must populate their calculators with data no older than two academic years prior to the most recent. To protect user privacy, calculators must clearly mark optional information requests, prohibit the sale or sharing of personally identifiable information to third parties, and explicitly state that responses are confidential and not stored. The bill also authorizes the Secretary of Education to develop a universal net price calculator housed within the Department, allowing users to input information once to receive net prices for multiple institutions. This universal calculator would undergo consumer testing with various stakeholders before its final release. Finally, the Secretary is required to submit a report to Congress within one year detailing steps taken to raise awareness of net price calculators, particularly among middle and high school students and those from low-income families.