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H.R. 5016

BillFederalHouseIn Committee
Financial Literacy for Financial Aid Act
About This Bill
Committee
Latest Action · September 19, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Congress
114th (2015–2017)
Introduced
April 20, 2016
Cosponsors (1)
0D 1R
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Summary

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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.

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