3.0.0 1968 2023-01-15T09:03:27Z 2023-01-15T09:03:27Z Senate S S 2003-11-25 108 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2003-11-25T19:00:52Z 2003-11-25 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S16011-16013) IntroReferral 2003-11-25 Sponsor introductory remarks on measure. (CR S16011) IntroReferral B00100 9 Library of Congress 2003-11-25 Introduced in Senate IntroReferral 10000 9 Library of Congress E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. N A000069 Sen. Akaka, Daniel K. [D-HI] DANIEL AKAKA D HI KOHIKINA 2003-11-25 True C001042 Sen. Corzine, Jon S. [D-NJ] JON CORZINE D NJ S. 2003-11-25 True S000064 Sen. Sarbanes, Paul S. [D-MD] PAUL SARBANES D MD SPYROS 2003-11-25 True A000121 Sen. Allen, George [R-VA] GEORGE ALLEN R VA F. 2004-01-22 False L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON 2004-09-23 False L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2004-09-23 False L000123 Sen. Lautenberg, Frank R. [D-NJ] FRANK LAUTENBERG D NJ R. 2004-09-23 False F000442 Sen. Fitzgerald, Peter [R-IL] PETER FITZGERALD R IL 2004-10-05 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2004-10-05 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2004-11-19 False S000059 Sen. Santorum, Rick [R-PA] RICK SANTORUM R PA 2004-11-19 False Education Business education Commerce Congress Congressional reporting requirements Consumer credit Consumer education Counseling Curricula Debtor and creditor Economic theory Economics and Public Finance Educational innovations Federal advisory bodies Federal aid to education Finance and Financial Sector Financial planning Governmental investigations Higher education Minorities Minority education Performance measurement Personal budgets Saving and investment Students Education 00 2003-11-25 Introduced in Senate 2004-07-20T17:03:14Z Financial Literacy in Higher Education Act - Amends the Higher Education Act of 1965 (HEA) to direct the Secretary of Education, in carrying out HEA activities related to improving financial and economic literacy, education, and counseling, to emphasize, among other elements, basic personal income and household money management and financial planning skills, and basic economic decision making skills, including specified skills.

Directs the Secretary to coordinate such financial and economic literacy activities with related efforts of a Federal commission composed of members from specified Federal agencies.

Revises various HEA provisions relating to minority-serving institutions and to student assistance to include requirements for: (1) educational or counseling services to improve the financial and economic literacy of students and their parents; and (2) personal finance courses and skills.

Directs the Secretary to establish a HEA pilot program to enable institutions of higher education (IHEs) to provide annual personal finance counseling for their students. Requires: (1) award of a total of five grants to five different IHEs located in geographically different parts of the United States; and (2) at least two of such grantees to be minority-serving IHEs.

Directs the Comptroller General to evaluate and report to specified congressional committees on the range and effectiveness of financial and economic education and financial aid counseling activities of IHEs, lenders, servicers, and guaranty agencies as emphasized by the Secretary.

]]> Financial Literacy in Higher Education Act Display Title Financial Literacy in Higher Education Act Official Title as Introduced A bill to amend the Higher Education Act of 1965 to enhance literacy in finance and economics, and for other purposes. Introduced in Senate IS Short Titles as Introduced Financial Literacy in Higher Education Act Introduced in Senate 2003-11-25T05:00:00Z 2003-11-25 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S16011-16013) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.