State-by-State Assessment of Personal Finance Education Standards

State Department of Education Link


Stand-Alone Personal Finance Standards


The State Board of Education approved Ohio’s Learning Standards for Financial Literacy for grades K-12 in February 2018, per Ohio law. The standards give students, beginning in kindergarten, a fundamental understanding of financial literacy concepts.


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


Both middle and high school Family and Consumer Sciences courses have standards embedded. In middle school students can take an Introduction to Family and Consumer Sciences course. In high school, students have several options including Intro to FCS, Graduation Reality and Dual-Role Skills, and Personal Financial Management.

Personal Finance Embedded in Social Studies or Economics Standards 


There is a specific stand-alone course within the high school social studies curriculum entitled Economics and Financial Literacy. This course explores the fundamentals that guide individuals and nations as they make choices about how to use limited resources to satisfy their wants. More specifically, it examines the ability of individuals to use knowledge and skills to manage limited financial resources effectively for a lifetime of financial security.

Personal Finance Embedded in Mathematics Common Core Standards 


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


Ohio law requires students to receive instruction in financial literacy as part of the high school graduation requirements. However, it is up to local districts to determine how to best meet the needs of their students. For example, the financial literacy content may be incorporated into another course, or some districts may require students to take a stand-alone financial literacy course for a half credit that can meet either a graduation requirement for social studies or an elective.

State Assessment of Personal Finance Required 


There is no statewide graduation test for financial literacy, although a local school district may choose to implement an assessment.