Establishes the Washington student loan transparency act.

Requires educational institutions to provide to enrolled students who have applied for student financial aid a notification about the student education loans the educational institution has certified.

Requires an organization representing the public four-year colleges and universities, an organization representing the private nonprofit institutions, the state board for community and technical colleges, the workforce training and education coordinating board, and the department of licensing to develop a form for the educational institutions to use to report compliance.