Massachusetts H1444 mandates financial literacy counseling for students accepted at public higher education institutions.

Massachusetts H1444 requires the board of higher education to mandate financial literacy counseling for accepted applicants at public higher education institutions. This counseling must cover student loans, work-study and loan options, and other expenses. The board may also provide a college financing plan, developed by the federal consumer financial protection bureau and the U.S. Department of Education, to these applicants. The plan should include estimated costs of attendance, grants, and scholarships.

Massachusetts H1444 mandates financial literacy counseling for students accepted at public higher education institutions.

Massachusetts H1444 requires the board of higher education to mandate financial literacy counseling for accepted applicants at public higher education institutions. This counseling must cover student loans, work-study and loan options, and other expenses. The board may also provide a college financing plan, developed by the federal consumer financial protection bureau and the U.S. Department of Education, to these applicants. The plan should include estimated costs of attendance, grants, and scholarships.