summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th 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 in Massachusetts to provide financial literacy counseling to accepted applicants regarding student loans and other education-related expenses. 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 U.S. Department of Education, which includes estimated cost of attendance, grants, scholarships, work-study, and loan options. The institutions may provide an electronic version of the financial aid shopping sheet in a printable format, and the Board of Higher Education may issue regulations to implement this new requirement.
Committee Categories
Education
Sponsors (12)
Jay Barrows (R),
Nick Boldyga (R),
Kim Ferguson (R),
Paul Frost (R),
Susan Gifford (R),
Sheila Harrington (R),
Steven Howitt (R),
Brad Jones (R),
Hannah Kane (R),
Matt Muratore (R),
Todd Smola (R),
Timothy Whelan (R),
Last Action
Accompanied a study order, see H4610 (on 06/14/2018)
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/190/H2227 |
Bill | https://malegislature.gov/Bills/190/H2227.pdf |
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