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State Requirements - Oklahoma

2007 OK HB 1476

HB 1476 Effective July 1, 2007 - An Act relating to schools; creating the Passport to Financial Literacy Act; requiring personal financial literacy education to be taught in public schools in the state; listing areas of instruction; requiring students to fulfill passport requirements in order to graduate from high school; directing school districts to provide personal financial literacy instruction to certain students; providing for integration of instruction into existing courses or as a separate course; granting school districts certain options; directing the State Board of Education to adopt curriculum standards for personal financial literacy; requiring standards to be incorporated into certain state standards; directing the State Department of Education to take certain action.

Beginning in 2008-2009 school year, in order to graduate from a public high school accredited by the State Board of Education students shall complete the requirements for a personal financial literacy passport as set forth in the Passport to Financial Literacy Act and any additional course requirements or recommended elective courses as may be established by the State Board of Education and the district school board. Mathematics of Finance, approved by the Oklahoma State Board of Education, as an optional a mathematics course with Personal Finance content and/or rigor equal to or above Algebra I. As such, it qualifies as a course for meeting Oklahoma's graduation requirement in mathematics as specified in 70 O.S. § 11-103.6.

Status Description:
An optional Mathematics of Finance course with Personal Finance content is available now. A hearing will be held at the February 28, 2008, State Board of Education Meeting for personal financial literacy to be included in the Priority Academic Student Skills (PASS) to comply with the law and provide for implementation of the Passport to Financial Literacy Act.

  HB 1476
  Department of Education Rules 70-11-103.6
  Passport to Financial Literacy
  Math of Finance Curriculum
  Graduation Requirements