Minnesota

YES. Minn. Stat. 120B.024, subd. 1(b): 'Students who begin grade 9 in the 2024-2025 school year and later must successfully complete a course for credit in personal finance in grade 10, 11, or 12.'

Statute defines the cohort by grade-9 entry, not class year: students who begin grade 9 in 2024-2025 and later (on-time, that cohort graduates in 2028). No primary source states a class year. 2024-2025 school year (grade-9 entry trigger); because the course is taken in grade 10, 11 or 12, the earliest coursework year for that cohort is 2025-2026.

First binds the class of 2028.

Source: Minn. Stat. 120B.024, subd. 1(b), enacted by 2023 Minn. Laws ch. 55 (HF 2497, 2023 regular session), art. 2, secs. 7-8; SIGNED MAY 24, 2023. Teacher-licensure sentence added by 2024 Minn. Laws ch. 115, art. 2, sec. 6, effective July 1, 2024.

How it may be delivered: STANDALONE course requirement, taken in grade 10-12; it sits in subd. 1(b), SEPARATE from the subd. 1(a) credit list, so it does not add to or displace any listed credit. IMPORTANT CORRECTION: subdivision 2 (credit equivalencies) contains NO personal finance provision - state law does NOT authorize personal finance to count as the math or social studies credit. It lands as a separate course, usually against the 7 elective credits.; Source: Minnesota — delivery model: primary source(s) named in the field text and at the linked URL; read and verified 2026-08-09
Credit value: Not yet verified to a primary source — we publish only what we can cite.
Instructional-hour rule: Not yet verified to a primary source — we publish only what we can cite.
Below high school: NONE. 120B.024 applies only to high school credits, and 120B.021 (required academic standards) contains NO personal finance or financial literacy standard at any grade; no grade checkpoint exists.; Source: Minnesota — below-high-school requirement: primary source(s) named in the field text and at the linked URL; read and verified 2026-08-09
State-mandated assessment: NONE. Statewide assessments under Minn. Stat. 120B.302 cover reading, mathematics and science only, and the commissioner 'must not develop statewide assessments for academic standards in social studies, health and physical education, and the arts.'; Source: Minnesota — state assessment: primary source(s) named in the field text and at the linked URL; read and verified 2026-08-09
Who may teach it: 'A teacher of a personal finance course that satisfies the graduation rule must have a FIELD LICENSE OR OUT-OF-FIELD PERMISSION in agricultural education, business, family and consumer science, social studies, or math.' FIVE auto-qualifying license fields: agricultural education, business, family and consumer science, social studies, math. Teachers outside these fields need an out-of-field permission in one of them.; Source: Minnesota — instructor requirements: primary source(s) named in the field text and at the linked URL; read and verified 2026-08-09
State course codes: Not yet verified to a primary source — we publish only what we can cite.
Standards framework: Not yet verified to a primary source — we publish only what we can cite.
Funding a district may cite: Not yet verified to a primary source — we publish only what we can cite.
State agency contact: Not yet verified to a primary source — we publish only what we can cite.

Facts on this page last verified 2026-08-09; every pack is re-verified on a six-month cadence, and anything we cannot cite is marked rather than guessed.

The district awards the credit — no platform can. Ours is designed to align with the state’s learning standards, and it produces the documentation a district needs to award credit: the course object with its federal course code, a pass determination that shows its arithmetic, an hour ledger that counts only observed instructional minutes, and a verified record of demonstrated mastery for every student.

See the platform