summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to financial literacy counseling for students accepted at public institutions of higher education. Higher Education.
AI Summary
This bill requires public institutions of higher education to provide financial literacy counseling to accepted applicants regarding student loans and other expenses upon their arrival on campus. The bill also authorizes the Board of Higher Education to provide a financial aid shopping sheet, developed by the federal Consumer Financial Protection Bureau and the Department of Education, to these accepted applicants. The shopping sheet includes estimated costs of attendance, such as tuition, fees, housing, meals, books, supplies, and transportation, as well as information on grants, scholarships, work-study, and loan options. The public institutions may provide an electronic version of the financial aid shopping sheet in a printable format, and the Board of Higher Education can promulgate regulations to carry out the purposes of this section.
Committee Categories
Education
Sponsors (15)
Jay Barrows (R),
Angelo D'Emilia (R),
Shawn Dooley (R),
Paul Frost (R),
Susan Gifford (R),
Bradford Hill (R),
Steven Howitt (R),
Randy Hunt (R),
Brad Jones (R),
Elizabeth Poirier (R),
Todd Smola (R),
Mike Soter (R),
Alyson Sullivan (R),
Bruce Tarr (R),
Donald Wong (R),
Last Action
Accompanied a study order, see H5125 (on 11/25/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1224 |
| Bill | https://malegislature.gov/Bills/191/H1224.pdf |
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