Financial Literacy Requirements for High School Students Across the U.S.

Reflecting on one’s high school days may prompt thoughts about the level of financial education received. Were basic concepts like budgeting, saving, and understanding taxes covered? Navigating the adult world without financial training can be overwhelming, leaving individuals feeling ill-equipped to handle responsibilities such as paying rent, affording groceries, and managing college expenses.

As a response to this, many states are revising their high school curriculum to include increased financial literacy requirements. Whether you’re a concerned parent or an educator wondering about these changes, you’re likely interested in understanding which states now mandate financial literacy education for high school students. Let’s delve into the specifics.

Financial Literacy Requirements Across States:

Currently, the majority of U.S. states mandate schools to provide personal finance education at the high school level. However, not all of them insist that students complete a personal finance course to graduate. To provide clarity, we’ve compiled a breakdown of the requirements in each state:

  1. States Requiring a Stand-Alone Financial Literacy Course for Graduation (23):
    • Alabama
    • Connecticut
    • Florida
    • Georgia
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Nebraska
    • New Hampshire
    • North Carolina
    • Ohio
    • Oregon
    • Rhode Island
    • South Carolina
    • Tennessee
    • Utah
    • Virginia
    • West Virginia
  2. States that require a financial literacy course to be offered (2):
    • North Dakota
    • South Dakota
  3. States that require a financial literacy course to be offered, but the coursework can also be integrated into other subjects (8):
    • Arizona
    • Arkansas
    • Idaho
    • Kentucky
    • New Jersey
    • New Mexico
    • New York
    • Texas
  4. States Requiring District Implementation of Financial Literacy Standards (12):
    • Colorado
    • Delaware
    • Illinois
    • Indiana
    • Maine
    • Maryland
    • Minnesota
    • Montana
    • Nevada
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Wisconsin
  5. States Including Financial Literacy in K–12 Standards (5):
    • Connecticut
    • Hawaii
    • Massachusetts
    • Vermont
    • Washington
  6. States Without Current Financial Literacy Requirements (4):
    • Alaska
    • California
    • Wyoming
    • Washington D.C.

Understanding the evolving landscape of financial literacy education is crucial for parents, educators, and policymakers. The variations among states highlight the ongoing efforts to equip students with essential financial skills, ensuring a more informed and financially savvy future generation.  CICA/Robot Academy present an innovative solution to meet the new high school graduation requirement. The partnership seamlessly integrates mandatory financial literacy with practical robotics or laser cutters/engravers, captivating students and reinforcing retention. Explore the Financial Literacy curriculum at Tomorrow’s leaders are empowered with the knowledge and skills to navigate the complexities of personal finance. Contribute to building a financially savvy and empowered society together.

High School Student Presenting Marketing Strategy for Financial Literacy Class