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New Florida Law Makes Financial Literacy Class a Requirement for High School Graduation

by Bill Pan


Florida Gov. Ron DeSantis on Tuesday signed into law a bill that makes it a graduation requirement for high school students to complete a course on financial literacy.

Under Senate Bill 1054 (pdf), which gained unanimous approval in Florida’s state Legislature, all public school students entering 9th grade in the 2023-2024 school year and thereafter will have to complete a half-credit course covering topics such as balancing a checkbook, managing bank accounts, applying for loans, filing federal and local taxes, and disputing a billing error.

The new law makes Florida the 22nd state in the nation to require financial literacy instruction as a prerequisite for high school graduation and a standard high school diploma. It also makes Florida one of the seven states that require students to take a standalone finance class before they graduate…


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