H.R.5016: Financial Literacy for Financial Aid Act

About This Bill

  • Introduced April 20, 2016
  • Latest Major Action Sept. 19, 2016

Bill Cosponsor

Bill Version

Bill 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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.5016.

Bill Actions

Date Description
Sept. 19, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
April 20, 2016
Referred to the House Committee on Education and the Workforce.
April 20, 2016

Introduced in the House by Matt Salmon (R-Ariz.)

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