Empowering Students Through Enhanced Financial Counseling Act
Latest action · Sep 6, 2018 Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 20, 2017
- Passed HouseSep 5, 2018
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Empowering Students Through Enhanced Financial Counseling Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify loan counseling requirements for an institution of higher education (IHE) that participates in federal student aid programs.
Currently, an IHE must provide entrance counseling to a student who is a first-time federal student loan borrower. This bill replaces required entrance counseling with required annual counseling. Also, it expands the required recipients of such annual counseling to include, in addition to student borrowers, Federal Pell Grant recipients and parent PLUS Loan borrowers.
Each annual counseling recipient must receive comprehensive information on the terms, conditions, and responsibilities with respect to a grant or loan and general information on a typical student budget, the right to request an annual credit report, average income and employment data, and financial management resources. Additionally, the bill revises, expands, or establishes specific annual counseling information requirements for student borrowers, Pell Grant recipients, or parent PLUS Loan borrowers.
The bill revises and expands exit counseling information requirements to include an outstanding loan balance summary, the anticipated monthly payments under standard and income-based repayment plans, an explanation of the grace period preceding repayment, the option to pay accrued interest before it capitalizes, the right to request an annual credit report, and loan servicer contact information.
It directs the Department of Education to maintain a consumer-tested online counseling tool that provides annual and exit counseling.
The Institute of Education Sciences must study the impact and effectiveness of exit counseling, annual counseling, and the online counseling tool.
Recorded votes 2
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 385 | On Passage | Passed406–4 | Sep 5, 2018 |
| House 384 | On Motion to Recommit with Instructions | Failed187–224 | Sep 5, 2018 |
Cosponsors 24
Members who signed on, in the order they did. Signatures ran from Mar 20, 2017 to Sep 4, 2018; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-OR | Suzanne Bonamici | Original | Mar 20, 2017 |
| R-NY | Elise M. Stefanik | Mar 27, 2017 | |
| D-MA | Katherine M. Clark | Mar 27, 2017 | |
| R-GA | Rick W. Allen | Mar 27, 2017 | |
| R-NC | Richard Hudson | Mar 30, 2017 | |
| R-IN | Todd Rokita | Mar 30, 2017 | |
| R-AS | Aumua Amata Coleman Radewagen | Apr 26, 2017 | |
| R-TN | David P. Roe | Apr 26, 2017 | |
| R-IN | Luke Messer | Apr 26, 2017 | |
| R-PA | Patrick Meehan | Apr 26, 2017 | |
| R-MI | Tim Walberg | May 1, 2017 | |
| R-CA | David G. Valadao | May 11, 2017 | |
| R-OK | Tom Cole | May 11, 2017 | |
| R-IN | Larry Bucshon | May 16, 2017 | |
| D-CA | Mark DeSaulnier | Jun 12, 2017 | |
| R-IL | Peter J. Roskam | Jun 13, 2017 | |
| R-PA | Glenn Thompson | Jul 12, 2017 | |
| D-MO | Emanuel Cleaver | Sep 1, 2017 | |
| D-CA | Ted Lieu | Sep 1, 2017 | |
| R-GA | Earl L. "Buddy" Carter | Jul 23, 2018 | |
| R-TX | Pete Sessions | Aug 28, 2018 | |
| R-MO | Ann Wagner | Sep 4, 2018 | |
| R-FL | Carlos Curbelo | Sep 4, 2018 | |
| R-KS | Kevin Yoder | Sep 4, 2018 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Education and Workforce Committee | Referred Mar 20, 2017 |
| Senate | Health, Education, Labor, and Pensions Committee | Referred Sep 6, 2018 |
Actions 27
Everything that happened, newest first.
- Sep 6, 2018Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Sep 5, 2018Considered under the provisions of rule H. Res. 1049. (consideration: CR H7850-7861; text of measure as reported: CR H7853-7855)
- Sep 5, 2018The resolution provides for one hour of general debate on both H.R. 1635 and H.R. 4606. Also, the resolution provides for a motion to recommit with or without instructions for both bills.
- Sep 5, 2018House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 1049 and Rule XVIII.
- Sep 5, 2018The Speaker designated the Honorable Harold Rogers to act as Chairman of the Committee.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H7834–H7839, H7850–H7864Text printed H7834, H7853–H7855Amendments H7837, H7856, H7857, H7858, H7859, H7860Motions H7861Recorded votes H7838, H7839, H7862, H7863consideration (H. Res. 1049), previous questionenactLamb motion to recommit (ensure veterans receive financial counseling when applying for student loans) | A. Drew Ferguson IV R-GA, Ami Bera D-CA, Brett Guthrie R-KY, Conor Lamb D-PA (motion), David P. Roe R-TN, Elise M. Stefanik R-NY (amendment), Jason Lewis R-MN (amendment), Joe Courtney D-CT, Liz Cheney R-WY, Norma J. Torres D-CA (amendment), Pramila Jayapal D-WA (amendment), Rick W. Allen R-GA (amendment), Ron Estes R-KS, Stephanie N. Murphy D-FL (amendment), Suzanne Bonamici D-OR, Tim Walberg R-MI, Tom O'Halleran D-AZ (amendment), Vicky Hartzler R-MO (amendment), Virginia Foxx R-NC | Sep 5, 2018 |
| House | Declaratory Statements H7825 | — | Sep 4, 2018 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 163, no. 48, March 20, 2017, page H2241.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R45017 | Flood Resilience and Risk Reduction: Federal Assistance and Programs Archived | Report | Dec 17, 2019 |
Amendments 7
Amendments offered to this bill.
Related bills 5
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HRES 1049 | Providing for consideration of the bill (H.R. 1635) to amend the loan counseling requirements under the Higher Education Act of 1965, and for other purposes, and providing for consideration of the bill (H.R. 4606) to provide that applications under the Natural Gas Act for the importation or exportation of small volumes of natural gas shall be granted without modification or delay. | Procedurally related | Sep 5, 2018 |
| S 2081 | Empowering Students Through Enhanced Financial Counseling Act | Related bill | Nov 6, 2017 |
| HR 3179 | Empowering Students Through Enhanced Financial Counseling Act | Reintroduction of | Jul 12, 2016 |
| HR 4508 | PROSPER Act | Related bill | Feb 8, 2018 |
| HR 5550 | AID Act | Related bill | May 22, 2018 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the loan counseling requirements under the Higher Education Act of 1965, and for other purposes.
- Short Titles as Introduced
- Empowering Students Through Enhanced Financial Counseling Act
- Short Titles as Passed House
- Empowering Students Through Enhanced Financial Counseling Act
Subjects
Assigned by the Library of Congress. Policy area: Education.
Text 3
Each version as it was printed, newest first.
- Sep 6, 2018Referred in Senate
- Sep 5, 2018Engrossed in House
- Mar 20, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
