H4652
An Act relative to higher education financial literacy counseling
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Bill overview
This bill requires higher education institutions in Massachusetts to provide students with comprehensive financial literacy counseling. The counseling must cover topics such as budgeting, student loan repayment, and understanding financial aid options. The goal is to equip students with the knowledge and skills needed to make informed financial decisions before and during their college careers. Institutions will be responsible for ensuring students receive this counseling as part of their enrollment process.
Key provisions
- Higher education institutions must offer financial literacy counseling to students.
- Counseling must cover budgeting, student loans, and financial aid.
- Institutions must ensure counseling is provided as part of the enrollment process.
- The counseling must be accessible to all students, regardless of their financial background.
- The bill directs the Board of Higher Education to develop guidelines for the financial literacy counseling programs.
Who is affected
- Students attending higher education institutions in Massachusetts
- Higher education institutions in Massachusetts
- The Board of Higher Education
Sponsors
Official sponsors from legislative records.
Primary sponsor
Joint Committee on Higher Education
Cosponsors
Alyson M. Sullivan-Almeida
Bradley H. Jones Jr.
Kelly W. Pease
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Bill H.4652 194th (Current)
An Act relative to higher education financial literacy counseling
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Bill Information
Bill Information
Sponsor: Joint Committee on Higher Education Status: Referred to House Committee on Ways and Means
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Bill History Cosponsors Committee Vote Committee Summary
Bill History
Displaying 3 actions for Bill H.4652
| Date | Branch | Action |
| 10/27/2025 | House | Reported from the committee on Higher Education |
| 10/27/2025 | House | New draft of H1444 |
| 10/27/2025 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
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