HR 5016 · 114th Congress · Education

Financial Literacy for Financial Aid Act

Introduced 2016-04-20· Sponsored by Rep. Salmon, Matt [R-AZ-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Higher Education and Workforce Training.(2016-09-19)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican