Guidance Document for the Financial Literacy Act
The Financial Literacy Act was signed into law on August 28, 2021. The requirements, including the high school graduation requirement, begin in the school year 2023-2024. The Act also requires each student to complete at least one five-credit high school course in personal finance or financial literacy prior to graduation before the end of the 2023-2024 school year. This would apply to current high school sophomores, or those graduating in 2024.