State Requirements - South Carolina
2005 SC HB 3020
Authorization:
HB 3020 (A38, R40,
H3020) Signed by Governor on April 15, 2005. Section 59-29-410. (A) The
State Board of Education shall develop or adopt curricula, materials,
and guidelines for local school boards to use in implementing a program
of instruction on financial literacy within courses currently offered
in high schools in this State. The State Board of Education and local
boards of trustees may establish a special fund in which to receive
public appropriations and private contributions to provide financial
incentives. State Board of Education shall award grants to local school
boards of trustees to provide financial incentives for the promotion of
financial literacy as outlined in that section. In awarding grants,
every effort must be made to ensure that all geographic areas of the
State are represented. The State Board of Education shall incorporate
the elements of the financial literacy program in Section 59-29-410.
(B) into the South Carolina Academic Standards of Instruction for
kindergarten through twelfth grade.
Curriculum:
The Financial Literacy
Instruction is established to increase the knowledge of personal
finance and investments among all school students. Financial literacy
instruction shall be incorporated within current courses throughout the
state in accordance with The Financial Literacy Instruction Act
(§59-29-410) established to amend Chapter 29, Title 59, Code of Laws of
South Carolina, 1976. The goal of Economics is to increase students'
financial literacy and to sharpen their critical thinking and
analytical skills regarding to the structure of the American economic
system. With regard to financial literacy, students are also given
instruction in banking and financial institutions, credit card and
credit management, and stock and bond markets.
Status Description:
Personal Finance Education Provided within Social Studies Economics Content Standards Required for High School Graduation
Resources:
HB 3020
Department of Education Rules 59c029
Economics, the Enterprise System, and Finance Content
Personal Finance Standards
Graduation Requirements
Social Studies / Economics Standards
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Jump$tart Coalition for Personal Financial Literacy |
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