The North Dakota Century Code 15.1-21-21 requires each school district to ensure students are exposed to personal finance concepts. The curriculum is required to expose students to the following concepts:
- Checkbook mechanics – writing checks, balancing, and statement reconciliation.
- Saving for larger purchases
- Credit, including credit card usage, interest, and fees
- Earning power, including jobs for teenagers
- Taxation and paycheck withholdings
- College costs
- Making and living within a budget
- Mortgages, retirement savings, and investments
These concepts are to be taught by the regular classroom teacher in economics, problems of democracy, or other existing courses with comparable enrollments to economics or problems of democracy.
Several state agencies have collaborated to provide guidance and resources to assist with developing financial literacy. This work is ongoing; additional resources will be available on this page.
15.1-21-21. Concepts of personal finance - Inclusion in curriculum.
Beginning July 1, 2010, each school district shall ensure that its curriculum for either economics or problems of democracy includes the exposure of students to concepts of personal finance, including:
a. Checkbook mechanics, including writing checks, balancing, and statement reconciliation;
b. Saving for larger purchases;
c. Credit, including credit card usage, interest, and fees;
d. Earning power, including jobs for teenagers;
e. Taxation and paycheck withholdings;
f. College costs;
g. Making and living within a budget; and
h. Mortgages, retirement savings, and investments.
- Upon written request, the superintendent of public instruction may allow a school district annually to select courses other than economics or problems of democracy for purposes of exposing students to the concepts of personal finance, as listed in this section, provided the school district can demonstrate that the number of students exposed to the concepts in the other selected courses would meet or exceed the number of students exposed under the requirements of subsection 1.
- The requirements of this section may be provided by the regular classroom teacher of the course in which the concepts of personal finance are incorporated.
Coming soon!