North Carolina

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

State Department of Education Link  
Legislation and Authorization Signed by the governor 7/10/09, Chapter 265 requires "credit education" for all students. 2005 HB 16 / SB 912 HB 16: Passed House 5/10/05 and SB 912: Passed Senate 5/26/05. The General Assembly of North Carolina enacts: SECTION 1.  G.S. 115C-81 is amended by Session Law 2005-276, Section 7.59 by adding a new subsection to read: "(i) Both the standard course of study and the Basic Education Program shall include the requirement that the public schools provide instruction in personal financial literacy for all students during the high school years. The State Board of Education shall determine the components of personal financial literacy that will be covered in the curriculum. The State Board shall also review the high school standard course of study to determine in which course the new personal financial literacy curriculum can be integrated."
Links to State Bills  
Additional Links  
Stand-Alone Personal Finance Standards NO
Personal Finance Standards in Career and Techical Education (CTE), Family and Consumer Sciences  
Personal Finance Embedded in Social Studies or Economics Standards YES There is extensive personal finance content, K-12. North Carolina Standard Course of Study for Civics and Economics includes Personal Financial Literacy for high school students. Lessons include taxing and spending, money management, savings and investment, credit, insurance, and banking.
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 YES Offered in the Business, Finance and Information Technology Program.
Personal Finance Course Required for Graduation  YES
Personal Finance Content required in Economics or Other Course Required for Graduation   YES North Carolina requires a year-long course in Economics and Civics. Extensive personal finance content.
Prescribed or Recommended Personal Finance Curriculum  YES Includes Teaching Strategies.
State Requires Economic Reasoning /Thinking Skills  YES Common Core
State Standard Correlated with Jump$tart Financial Literacy Standard NO There is a close relationship between the NC Economics Standards and the Jump$tart Standards.
State Assessment of Personal Finance Required  NO
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  Signed by the governor 7/10/09, Chapter 265 requires "credit education" for all students.
State Appropriations and State Dept Education Funding for K-12 NO 
Established Financial Literacy Month N/A