H.R. 10455

Congressional Research Service summary, version: Introduced in House (Sep 16, 2026)

Debt-Free College Act of 2026

This bill establishes measures to cover the unmet financial need of students who are enrolled at certain institutions of higher education (IHEs). Unmet financial need refers to the difference between a student's cost of attendance and the student's student aid index, plus any federal, state, and local sources of grant aid. In addition, the bill makes certain Dreamer students (i.e., students who have been granted Deferred Action for Childhood Arrivals status and who entered the United States before the age of 16) eligible for federal financial aid.

First, the bill requires the Department of Education (ED) to award grants for state-federal partnerships with a goal of providing debt-free college for all eligible students at in-state public IHEs. Eligible student refers to an individual who (1) is enrolled or is eligible to enroll in an in-state public IHE, and (2) completes a Free Application for Federal Student Aid (FAFSA) or demonstrates eligibility for a Federal Pell Grant through state or institutional financial aid eligibility forms.

Next, the bill requires ED to award grants to historically Black colleges and universities and minority-serving institutions to cover the unmet financial need of enrolled students.

ED must establish an office to administer grants and provide oversight.

In addition, the bill makes Dreamer students who entered the United States before the age of 16 who meet certain educational criteria eligible for federal student aid.