United States · Bill · S
S. 1260 (112th)
College LIFE Act
Introduced
22 June 2011
Last action
23 June 2011 · Introduced
Status
Sponsor introductory remarks on measure. (CR S4040)
Sponsors
Sen. Akaka, Daniel K. [D-HI]
Subjects
Education
Source updated
14 August 2025
Summary
College Literacy in Finance and Economics Act of 2011 or College LIFE Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require institutions of higher education (IHEs) to provide student borrowers under the Federal Family Education Loan, Direct Loan, and Perkins Loan programs with financial literacy counseling within 45 days of their first receipt of such a loan and prior to the completion of their studies or when they leave school. Requires student borrowers to receive at least four hours of counseling on each occasion. Makes such counseling requirements inapplicable to borrowers of consolidation loans. Requires financial literacy counseling to include information on the Financial Education Core Competencies as determined by the Financial Literacy and Education Commission. Directs the Secretary of Education to develop a curriculum that IHEs may use to fulfill this Act's requirements.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
22 June 2011
Introduced
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S4032-4033)
Source: IntroReferral
22 June 2011
Introduced
Introduced in Senate
Source: IntroReferral
23 June 2011
Introduced
Sponsor introductory remarks on measure. (CR S4040)
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 22 June 2011 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 22 June 2011
Introduced in Senate (PDF)
Introduced in Senate · EN · 22 June 2011
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Introduced in Senate
summary · EN · 22 June 2011
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Akaka, Daniel K. [D-HI] · D · Sponsor
- · sshr00 · Standing
Related records
- related to → College LIFE Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/1260
- Open data entity: https://api.congress.gov/v3/bill/112/s/1260
- us · 112-s-1260 · source updated 14 August 2025