| State Department of Education Link |
http://www.pde.state.pa.us/ |
| Legislation and Authorization |
A lot of Bills have passed regarding financial literacy. Nothing resulting in requirement for graduation, or required stand-alone Standard. |
| Links to State Bills |
Financial Literacy Legislation Link |
| Additional Links |
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| 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 Economic education/financial literacy is the integration of various factors relating to personal financial management including: understanding financial institutions; using money; learning to manage personal assets and liabilities; creating budgets; and any other factors that may assist an individual in this commonwealth to be financially responsible. (PA DOE) |
| 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 |
NO Financial Literacy may be taught in CSPG 33 – Business, Computer and Information Technology; CSPG 35 – Citizenship Education; CSPG 44 – Family and Consumer Sciences; CSPG 49 – Marketing/Distributive Education; CSPG 50 – Mathematics; and CSPG 59 – Social Studies.
|
| Personal Finance Course Required for Graduation |
NO |
| Personal Finance Content required in Economics or Other Course Required for Graduation |
NO Pennsylvania does not require economics and personal finance for graduation. |
| Prescribed or Recommended Personal Finance Curriculum |
Consultation services are offered to assist school districts in aligning Finance Education objectives with the Academic Standards and Common Core using the Standards Aligned System website www.pdesas.org. ss. |
| State Requires Economic Reasoning /Thinking Skills |
YES |
| State Standard Correlated with Jump$tart Financial Literacy Standard |
NO Not closely aligned. |
| State Assessment of Personal Finance Required |
NO |
| Financial Literacy Bills Currently Being Considered by the State Legislature |
H.R. 144 recognizes the month of April 2013 as "Financial Literacy Month" in Pennsylvania. |
| Financial Literacy Education Bills Signed by Governor and/or Passed by the House and Senate |
H.B. 101 was vetoed by the governor 10/22/10 but overridden 11/17/10. Act 104 provides for economic education and personal financial literacy programs. |
| State Appropriations and State Dept Education Funding for K-12 |
NO |
| Established Financial Literacy Month |
YES Passed House 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013 Recognizes the month of April as "Financial Literacy Month" in Pennsylvania. 2013 GOVERNOR CORBETT PROCLAIMS APRIL AS 'FINANCIAL EDUCATION MONTH' |