South Dakota

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

State Department of Education Link  
Legislation and Authorization South Dakota Legislature, Administrative Rule 24:43:11 - 24:43:11:02. Specific units of credit required for high school graduation. The units of credit required for high school graduation must include the following: (6) One-half unit of personal finance or economics (December 2009)
Links to State Bills  
Additional Links Personal Finance Standards
Stand-Alone Personal Finance Standards YES Personal Finance Standards: Rationale Statement: A citizen that lives within his or her income has more control over his or her life while expanding choices. Having the knowledge and skills to understand, implement and evaluate various financial practices can help prevent or limit loss. Content covers income, money management, credit and debt, saving and investing, managing risk. (Adopted by State Board of Education, July 25, 2011)
Personal Finance Standards in Career and Techical Education (CTE), Family and Consumer Sciences NO
Personal Finance Embedded in Social Studies or Economics Standards YES Grades K-12 Social Studies – Economics Standards: Becoming economically literate enables students to function more effectively as citizens in making decisions about personal finances and public policy. Personal finance standards are included in Primary/Elementary/Middle grades. Some South Dakota middle schools offer personal finance as a required or elective course. If not addressed in another course of study, middle schools may provide an understanding of concepts related to personal finance in the context of the economics goal. At the high school level, there are two sets of standards required: Personal Finance Standards and Social Studies Standards.
Personal Finance Embedded in Mathematics Common Core Standard YES Minor amount in Modeling real life math problems
State Has Adopted Mathematics and English Language Arts Common Core YES
Personal Finance or Financial Literacy Course Required or Offered YES
Personal Finance Course Required for Graduation  YES South Dakota requires one-half unit of personal finance or economics for graduation.
Personal Finance Content required in Economics or Other Course Required for Graduation   YES South Dakota requires one-half unit of personal finance or economics for graduation.
Prescribed or Recommended Personal Finance Curriculum  YES State has a Syllabus of Personal Finance, Code 55027.
State Requires Economic Reasoning /Thinking Skills  YES Personal Finance Standards and in Math Common Core.
State Standard Correlated with Jump$tart Financial Literacy Standard NO
State Assessment of Personal Finance Required  NO South Dakota does not require personal finance assessment.
Financial Literacy Bills Currently Being Considered by the State Legislature NONE
Financial Literacy Education Bills Signed by Governor and/or Passed by the House and Senate  NONE
State Appropriations and State Dept Education Funding for K-12 NO
Established Financial Literacy Month N/A