HOUSE DOCKET, NO. 2836        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2227

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bradley H. Jones, Jr.

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to higher education financial literacy counseling.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Bradley H. Jones, Jr.

20th Middlesex

1/20/2017

Susan Williams Gifford

2nd Plymouth

 

Paul K. Frost

7th Worcester

 

Timothy R. Whelan

1st Barnstable

 

Mathew Muratore

1st Plymouth

 

Steven S. Howitt

4th Bristol

 

Kimberly N. Ferguson

1st Worcester

 

Hannah Kane

11th Worcester

 

Todd M. Smola

1st Hampden

2/3/2017

F. Jay Barrows

1st Bristol

 

Nicholas A. Boldyga

3rd Hampden

 

Sheila C. Harrington

1st Middlesex

 


HOUSE DOCKET, NO. 2836        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2227

By Mr. Jones of North Reading, a petition (accompanied by bill, House, No. 2227) of Bradley H. Jones, Jr. and others relative to financial literacy counseling for students accepted at public institutions of higher education.  Higher Education.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act relative to higher education financial literacy counseling.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Chapter 15A of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by adding at the end thereof the following new section:-

Section 45. The board of higher education shall have the authority to mandate that each public higher education institution provide financial literacy counseling to accepted applicants of the institution relative to student loans and other expenses to students upon arriving on campus. The Board is further authorized to provide a financial aid shopping sheet developed by the federal Consumer Financial Protection Bureau and the United States Department of Education under 20 USC 1001 et. seq. to said accepted applicants of the institution. The financial aid shopping sheet shall include estimated cost of attendance including tuition and fees, housing and meals, books and supplies, transportation and other education costs as well as grants and scholarships and work-study and loan options. The public institution of higher education may provide an electronic version of the financial aid information shopping sheet in a printable format. The board of higher education may promulgate regulations to carry out the purposes of this section.