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H1444 • 2025

An Act relative to higher education financial literacy counseling

An Act relative to higher education financial literacy counseling

Education
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Bradley H. Jones, Jr.
Last action
2025-10-27
Official status
Accompanied a new draft, see H4652
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to higher education financial literacy counseling

An Act relative to higher education financial literacy counseling By Representative Jones of North Reading, a petition (accompanied by bill, House, No.

What This Bill Does

  • An Act relative to higher education financial literacy counseling By Representative Jones of North Reading, a petition (accompanied by bill, House, No.
  • 1444) of Bradley H.
  • Jones, Jr., and others relative to financial literacy counseling for students accepted at public institutions of higher education.
  • Higher Education.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-10-27 House

    Accompanied a new draft, see H4652

  2. 2025-07-07 Joint

    Hearing scheduled for 07/18/2025 from 01:00 PM-05:00 PM in A-2

  3. 2025-02-27 House

    Referred to the committee on Higher Education

  4. 2025-02-27 Senate

    Senate concurred

Official Summary Text

An Act relative to higher education financial literacy counseling
By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 1444) of Bradley H. Jones, Jr., and others relative to financial literacy counseling for students accepted at public institutions of higher education. Higher Education.

Current Bill Text

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Bill H.1444

Chapter 15A of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding at the end thereof the following new section:-

Section 46. 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 college financing plan developed by the federal consumer financial protection bureau and the United States department of education to said accepted applicants of the institution. College financing plans shall include the 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 college financing plan in a printable format. The board of higher education may promulgate regulations to carry out the purposes of this section.

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