Illinois

State-by-State Assessment of Personal Finance Education Standards

State Department of Education Link

 

https://www.isbe.net/

Stand-Alone Personal Finance Standards

Yes

Illinois’ new personal finance standards are based on the Council for Economic Education’s National Standards for Financial Literacy, rooted in foundational economic concepts. Districts are required to embed these standards in Kindergarten through 12th grade and they are required to be taught. 

http://econillinois.org/_pdfs/learning-standards/il-social-sciences-stds-effective012716.pdf 

Personal Finance Standards in Career and Technical Education (CTE), Family and Consumer Sciences 

No

While Family and Consumer Sciences does not offer specific standards, Business, Marketing and Computer Education does offer a course entitled Consumer Education. This course has personal financial literacy standards embedded into the course. 

Personal Finance Embedded in Social Studies or Economics Standards

Yes

All students, grades K-12 are required to be taught the personal finance standards that are embedded into the curriculum. 

Personal Finance Embedded in Mathematics Common Core Standards

No

Personal Finance or Financial Literacy Course Required for Graduation or Required to be Offered

Yes

While there is not a specific course, all financial literacy standards are required to be taught in the social studies curriculum from Kindergarten to 12th grade. 

State Assessment of Personal Finance Required 

No