State-by-State Assessment with Regard to Financial Literacy and Personal Finance Education Actions

State Department of Education Link  
Legislation and Authorization H.R. 273 Tabled in Committee March 2012: This bill establishes a mandatory financial literacy program for high school seniors in all public schools, including charter schools.
Links to State Bills H.B. 273
Additional Links  
Stand-Alone Personal Finance Standards NO
Personal Finance Standards in Career and Techical Education (CTE), Family and Consumer Sciences NO
Personal Finance Embedded in Social Studies or Economics Standards YES Four Personal Finance Standards part of Recommended Social Studies Standards - Economics : 1. Financial Planning and Decision-Making, 2. Money Management, 3. Saving and Investing, 4. Risk Protection
Personal Finance Embedded in Mathematics Common Core Standard Minor amount
State Has Adopted Mathematics and English Language Arts Common Core YES
Personal Finance or Financial Literacy Course Required or Offered YES Some school districts, including Smyrna and Laurel, require Economics and Personal Finance for graduation.
Personal Finance Course Required for Graduation  NO Not required by state. Some school districts require economics and personal finance course.
Personal Finance Content required in Economics or Other Course Required for Graduation   NO Delaware does not require economics and personal finance course for graduation.
Prescribed or Recommended Personal Finance Curriculum  None
State Requires Economic Reasoning /Thinking Skills  YES, to a minor extent.
State Standard Correlated with Jump$tart Financial Literacy Standard NO
State Assessment of Personal Finance Required  NO
Financial Literacy Bills Currently Being Considered by the State Legislature H.R. 273 Tabled in Committee: This bill establishes a mandatory financial literacy program for high school seniors in all public schools, including charter schools. The secretary of the Department of Education and the state treasurer shall develop and agree upon the curriculum of the program.
Financial Literacy Education Bills Signed by Governor and/or Passed by the House and Senate  S.B. 108, signed by the governor 7/16/09, in Chapter 164 provides that lenders licensed by the State Bank Commissioner pursuant to Chapter 22 of Title 5 shall pay an annual high-cost loan license fee surcharge of $1,500 for each licensed office for making title loans or short-term consumer loans, commonly known as pay-day loans. Such fees shall be used to fund the creation of the Financial Literacy Education Fund under the administration of the State Banking Commissioner and Secretary of Education to be used to fund financial literacy education programs for consumers and in schools.
State Appropriations and State Dept Education Funding for K-12 YES Senate Bill 108 July 16, 2009 Financial Literacy Fund for financial literacy education programs in schools.
Established Financial Literacy Month YES H.C.R. 47 Adopted 5/16/12This concurrent resolution proclaims the week of May 20 to May 26, 2012 as “Teen Financial Awareness Week” and requests school districts in the state to educate their students about financial awareness skills. H.R. 52
Adopted 4/24/08 Proclaims April as financial education month for women in Delaware.