Hundreds of Schools Already Committed to College Cost Transparency Initiative October 02, 2023 Section 1 ContentMore than 400 schools have already signed up for the College Cost Transparency Initiative (CCT), committing to effectively and transparently communicating student aid offers to students and their families. Last week was the official launch of the CCT, a project jointly led by ACE and nine other higher education associations. It's encouraging that so many higher education institutions, serving more than 4 million students, have adopted the voluntary set of principles and standards crafted by the CCT. These principles aim to ensure that costs are understandable for students and families and provide the most accurate estimate of a student's expenses.This is a remarkable achievement, with more colleges and universities joining every day, and especially significant considering the growing scrutiny that the topic of financial aid offers has faced in recent years. An institution’s president, provost, or designee can submit a commitment on the CCT website. If you find it helpful, you can also upload a sample aid offer through the online form for confidential feedback.The CCT is managed by the National Association of Student Financial Aid Administrators, thanks to a generous grant from the Strada Education Foundation. ACE President Ted Mitchell is taking over as the chair of the initiative from Peter McPherson, who led the CCT through the development phase. McPherson, president emeritus of the Association of Public and Land-grant Universities, played a pivotal role in bringing the initiative to its public launch and ACE and the other associations are grateful for his work. Section 2 Content Section 3 Content Section 4 Content Section 5 Content Section 6 Content Button Content Rail Content 1College Cost Transparency Initiative join now Rail Content 2 Rail Content 3 Related News November 20, 2023 The Education Department has announced a timeline for its long-awaited overhaul of the Free Application for Federal Student Aid (FAFSA), which aims to simplify the application process and broaden access to financial aid. Read More News November 20, 2023 ACE, Groups Urge FSA to Work With the Higher Education Community to Ensure Smooth Transition to New FAFSA Podcast November 16, 2023 Hosts Jon Fansmith and Sarah Spreitzer are joined by their ACE colleague Steven Bloom to discuss how the never-ending threats of a government shutdown are impacting funding legislation for higher education. 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