# 114-hr-5016: Financial Literacy for Financial Aid Act

114-hr-5016, Financial Literacy for Financial Aid Act, is a 114th Congress bill sponsored by MATT SALMON (R-AZ); status Referred to the Subcommittee on Higher Education and Workforce Training. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5016
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5016
- Congress: 114
- Title: Financial Literacy for Financial Aid Act
- Status: Referred to the Subcommittee on Higher Education and Workforce Training.
- Introduced: 2016-04-20
- Sponsor: MATT SALMON (R-AZ)
- Cosponsors: 1
- Policy area: Education
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Financial Literacy for Financial Aid Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Department of Education to maintain a consumer-tested online counseling tool that provides required entrance counseling to a student who is a first-time federal student loan borrower.

## Cosponsors (1)

- Rep. Olson, Pete [R-TX-22] (R-TX), 2016-06-14T00:00:00.000Z

## Related bills

- 114-hr-5931: Prohibiting Future Ransom Payments to Iran Act
- 114-hr-5654: Stop Dangerous Sanctuary Cities Act
- 114-hr-5457: To redesignate Gravelly Point Park, located along the George Washington Memorial Parkway in Arlington County, Virginia, as the Nancy Reagan Memorial Park, and…
- 114-hr-5224: Criminal Alien Deportation Enforcement Act of 2016
- 114-hr-5035: To reauthorize the State Criminal Alien Assistance Program, and for other purposes.
- 114-hr-4956: End Executive Overreach Act

## Sources
- [114-hr-5016 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5016)

## Related
- [114-hr-5931: Prohibiting Future Ransom Payments to Iran Act](https://policyrisk.com/legislation/114-hr-5931)
- [114-hr-5654: Stop Dangerous Sanctuary Cities Act](https://policyrisk.com/legislation/114-hr-5654)
- [114-hr-5457: To redesignate Gravelly Point Park, located along the George Washington Memoria…](https://policyrisk.com/legislation/114-hr-5457)
- [114-hr-5224: Criminal Alien Deportation Enforcement Act of 2016](https://policyrisk.com/legislation/114-hr-5224)
- [114-hr-5035: To reauthorize the State Criminal Alien Assistance Program, and for other purpo…](https://policyrisk.com/legislation/114-hr-5035)
- [114-hr-4956: End Executive Overreach Act](https://policyrisk.com/legislation/114-hr-4956)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5016 (as of 2025-11-18).