Sec. 9. Financial literacy and life skills development program
136 words·~1 min read·
/bill/117/s/4724/is/section-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each institution of higher education shall— offer a financial literacy and life skills development program described in subsection (b); and require every enrolled college athlete to attend the program during the enrolled college athlete’s first year of participation in intercollegiate athletics. Each financial literacy and life skills development program offered under subsection
(a)shall— be not less than 15 hours in total duration across sessions; be eligible for postsecondary credit, consistent with the credit allocation guidelines of the institution of higher education; and include, at a minimum, information regarding— the rights of college athletes under this Act; and time management skills, personal budgeting, debt, credit, and interest rates. A financial literacy and life skills development program offered under subsection
(a)may not include any marketing, advertising, referral, or solicitation by providers of financial products or services.