H.R. 5016 · 114th Congress
Financial Literacy for Financial Aid Act
- Stage
- In committee
- Sponsor
- Matt Salmon
- Introduced
- 2016-04-20
- Latest action
- 2016-09-19 · Referred to the Subcommittee on Higher Education and Workforce Training.
Summary
Financial Literacy for Financial Aid Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to maintain a consumer-tested online counseling tool that provides required entrance counseling to a student who is a first-time federal student loan borrower.