Ohio

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

State Department of Education Link http://www.ode.state.oh.us/  
Legislation and Authorization The financial literacy requirement of the Ohio Core (Am. Sub. S.B. 311) is effective with freshmen who enroll in high school on or after July 1, 2010 – the graduating class of 2014. Many schools have already begun including financial literacy in their programs of studies. Ohio Core does not require that students receive credit in financial literacy (that is a local district decision) but all students must receive instruction in financial literacy, however the district determines how to provide it.
Links to State Bills Ohio Revised Code §3313.603(C)(6)
Additional Links Personal Finance Curriculum
Stand-Alone Personal Finance Standards NO
Personal Finance Standards in Career and Techical Education (CTE), Family and Consumer Sciences NO
Personal Finance Embedded in Social Studies or Economics Standards YES The State Board of Education has adopted the Ohio Revised Standards in Social Studies as part of Ohio's New Learning Standards for academic learning. The Kindergarten - Grade 12 standards will be fully in use in Ohio classrooms by 2014-2015. ODE encourages districts to start implementing the Ohio's New Learning Standards: K-12 in Social Studies now to better prepare students for 2014-2015 and beyond.
Financial literacy content is based very closely on Jump$tart Financial Literacy Standard. Content includes decision-making and money; working and earning; budget, saving, and spending; credit; wealth creation and management, investments; risk management and insurance.
Personal Finance Embedded in Mathematics Common Core Standard Minor amount
State Has Adopted Mathematics and English Language Arts Common Core YES
Personal Finance or Financial Literacy Course Required or Offered YES Courses are offered in Business and Family Consumer Ed. (In addition, students must receive financial literacy in social studies and other courses.)
Personal Finance Course Required for Graduation  NO
Personal Finance Content required in Economics or Other Course Required for Graduation   YES Ohio requires extensive personal finance content as part of social studies or another class such as CTE. Each school shall integrate the study of economics and financial literacy, as expressed in the social studies academic content standards adopted by the state board of education under section 3301.079 of the Revised Code, ensuring that every high school student receives instruction in those concepts.
Prescribed or Recommended Personal Finance Curriculum  YES There is no formally approved course of study however there is a suggested curriculum, Personal Finance Curriculum (see link)
State Requires Economic Reasoning /Thinking Skills  YES Common Core, Social Studies, Economics, and Financial Literacy Standards.
State Standard Correlated with Jump$tart Financial Literacy Standard YES Standards are based very closely on the Jump$tart standards.
State Assessment of Personal Finance Required  NO There is no statewide graduation test for financial literacy, although a local school district may choose to implement an 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