• Requires ½ credit Personal Finance course for high school graduation

  • Financial literacy standards in some K-8 standards


  • Tennessee, unlike most states, requires a one-half credit of a stand-alone Personal Finance course for high school graduation, ensuring robust high school financial literacy instruction. Three years of JROTC may be substituted for the requirement if the JROTC instructor has completed the Personal Finance training. Personal Finance is an elective course in the Finance career cluster for Grades 9-12, and Tennessee provides standards for the course.  This requirement ensures all Tennessee high school graduates have received robust financial literacy instruction.

  • However, personal finance is not fully embedded in the Tennessee Academic Standards for Social Studies for grades K-8. Grades K, 1, and 2 have Economics standards which cover personal finance concepts, laying a foundation for financial literacy instruction but not ensuring it in K-8 curriculum.

  • Tennessee receives a “C” for requiring a stand-alone personal finance course for high school graduation but not having personal finance standards fully embedded in K-8 standards, thus not guaranteeing financial literacy instruction from kindergarten through grade 12. By creating financial literacy standards in the Grades 3-8 social studies standards, Tennessee would raise its grade to an “A” for ensuring K-12 financial literacy instruction.