North Dakota

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

State Department of Education Link  
Legislation and Authorization At the close of the 61st Legislative Assembly a new section was created to chapter 15.1-
21 of the North Dakota Century Code. Concepts of Personal Finance read as follows:
Section 26 of HB 1400 reads as follows:
Concepts of personal finance –Inclusion in curriculum
1.Beginning July 1, 2010, each school district shall ensure that its curriculum for either
economics or problems of democracy includes the exposure of students to concepts of
personal finance, including:
a. Checkbook mechanics, including writing checks, balancing, and statement  reconciliation;
b. Saving for larger purchases;
c. Credit, including credit card usage, interest, and fees;
d. Earning power, including jobs for teenagers;
e. Taxation and paycheck withholdings;
f. College costs;
g. Making and living within a budget; and
h. Mortgages, retirement savings, and investments
15.1-21-21. Concepts of personal finance included in the ND Century Code"
Links to State Bills North Dakota Century Code
Additional Links PF Curriculum
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 NO Very minor amount personal finance content: Explain the role of money and the role of financial institutions in a market economy (e.g., basic functions of money, composition of money supply, role of banks and other financial institutions, Federal Reserve, credit, savings. (Economics 9–12.3.2)
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 Offered
Personal Finance Course Required for Graduation  NO
Personal Finance Content required in Economics or Other Course Required for Graduation   NO North Dakota does not require economics and personal finance for graduation.
Prescribed or Recommended Personal Finance Curriculum  Personal Finance Curriculum Resource Guide (NEFE, FEFE, Foolproof for Teachers, Junior Achievement, The Actuarial Foundation, Banzia, The Money Savvy Generation, and NDS University Extension Service.)
State Requires Economic Reasoning /Thinking Skills  YES Common Core.
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.B. 1217 relates to instruction in personal finance at the middle school level.
Financial Literacy Education Bills Signed by Governor and/or Passed by the House and Senate  Adopted in 2009, H.C.R. 3016 urges school districts to offer students a course in financial literacy.
State Appropriations and State Dept Education Funding for K-12 NO 
Established Financial Literacy Month Gov. Hoeven proclaimed April 2007 as Financial Literacy Month