Requires the office of student financial assistance to provide a financial aid counseling curriculum to institutions of higher education with state need grant recipients. Requires students who receive state need grants, by the 2013-2014 academic year, to participate in financial aid counseling before receiving their first disbursement.   Official Text and Analysis.

Provides that the financial aid counseling curriculum must be available via a web site. The requirement that each SNG recipient must participate in financial aid counseling before receiving their first disbursement is removed. Each institution must take reasonable steps to ensure that each SNG recipient receives directly referencing or linking to the website on the Conditions of Award statement provided to each recipient.

Requires the Office of Student Financial Assistance to, by July 1, 2013, provide a financial aid counseling curriculum to all higher education institutions participating in the SNG program. The curriculum must be available via a website. This act specifies the content of the curriculum. By the 2013-14 academic year, higher education institutions must take reasonable steps to ensure that each SNG recipient receives information outlined in the bill by directly referencing or linking to the website on the Conditions of Award statement provided to each recipient. Institutions may also require non-SNG students to participate in all or portions of the counseling.

Provides that by, July 1, 2013, the Office of Student Financial Assistance must provide a financial aid counseling curriculum to all higher education institutions participating in the SNG program. The curriculum must be available via a website. The curriculum must include, but not be limited to: an explanation of SNG program rules; information on scholarships and work study options; an overview of student loan options and consequences; an overview of financial literacy; average salaries for a range of jobs.