New Mexico

State-by-State Assessment of Personal Finance Education Standards

State Department of Education Link

https://webnew.ped.state.nm.us/ 

Stand-Alone Personal Finance Standards

Yes

Districts are required to offer financial literacy as an elective course. There are three different curriculum areas it can be offered under: family and consumer sciences, social studies, and Business. It can also be offered as a mathematics credit if taught by a certified math teacher. 

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

Yes

There is a stand-alone course in both Family and Consumer Sciences and Business. New Mexico’s CareerTech standards have financial literacy embedded within the Career Pathways of Business, Career-Ready Practices, and Finance. 

http://164.64.110.134/parts/title06/06.029.0003.html 

Personal Finance Embedded in Social Studies or Economics Standards 

Yes

There is a stand-alone financial literacy course in the social studies curriculum for 9-12 grade students. If students take this course and it is taught by a certified, social studies instructor they will receive a social studies credit. 

Personal Finance Embedded in Mathematics Common Core Standards 

Yes

There is a specific personal finance course in the mathematics curriculum. The course must be taught by a certified mathematics instructor to qualify as a math credit. 

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

No

Students are not required to take financial literacy; however, districts are required to offer financial literacy. Students also have several options as to how the credit will count toward their graduation. 

State Assessment of Personal Finance Required

Yes

End of Course Assessment is required for graduation in grade 12 in personal financial literacy, if the student took financial literacy.