GRADE
B
SUMMARY OF GRADE
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Significant Accomplishments: K-12 financial literacy standards by grade bands; State financial literacy taskforce
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Needs Improvement: Needs to require high school stand-alone personal finance course
AN IN-DEPTH LOOK
In 2015 Delaware House Joint Resolution No. 4 established a taskforce “to study and make findings and recommendations concerning financial literacy programs and standards, with the intent of developing a regulatory framework that will strengthen financial literacy education in K-12.” The taskforce developed K-12 academic standards in conjunction with the Delaware Department of Education which were approved by the Delaware Board of Education in January 2018. Four standards (Financial Planning and Decision Making; Money Management; Saving and Investing; Risk Protection) are each covered in Grades K-12, broken into K-3, 4-5, 6-8, and 9-12 bands. In support of these standards, the Delaware Department of Education works with the University of Delaware’s Center for Economic Education & Entrepreneurship (CEEE) “to develop training for teachers, curriculum resources, and models of implementation.” The CEEE has a number of programs, such as Bank at School, that support the financial literacy education of elementary and secondary students. There is also a calendar of events pertaining to financial literacy.
In June of 2025, HB 203 -HA 1 (The Equity and Inclusion in Financial Literacy for All High School Students in Delaware Act) was passed which, if signed into law, would require a ½ credit financial literacy course to be completed in order to earn a high school diploma. As of the writing of this report, the bill was awaiting action by the Governor. If this act becomes law, Delaware will move from a “B” to an “A.”
Delaware receives a “B” for ensuring K-12 financial literacy instruction through its financial literacy standards in grade bands, but not through a high school stand-alone personal finance course. In order to receive an “A,” Delaware must add a stand-alone personal finance course requirement.
