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Virginia

One standard unit of credit in Economics and Personal Finance is required for both the Standard Diploma (22 standard units) and the Advanced Studies Diploma (26), as its own discipline area at 1 standard unit / 0 verified credits (8VAC20-132-51).

Students entering ninth grade in fall 2011 and later. VDOE labels the cohort by entry year; "class of 2015" is the four-year derivation.

In force — first bound the class of 2015.

Source: 8VAC20-132-51 (Standards of Accreditation, eff. Sept 25, 2024 — REPLACING repealed 8VAC20-131); Code of Virginia §22.1-200.03 (enacted 2005 c. 741 (SB 950); amended 2017 c. 522; 2021 Sp. Sess. I c. 25)

How it may be delivered
STANDALONE discipline area, with Board-approved routes: the 36-week EPF course; a semester PAIR of Personal Finance (18 weeks) plus Economics (18 weeks); other courses aligned with the EPF Standards of Learning; or, for IB Diploma students, IB Economics + IB Business Management with the EPF SOL incorporated. A credit-accommodation path exists for students with disabilities (Personal Living and Finance + WRS conditions).

Source: VDOE Board-approved course guidance (Aug 28, 2025 revision); 8VAC20-132-51

Credit value
1 standard unit of credit; 0 verified credits (36 weeks / 140 hours / 1 credit per the CTE Resource Center)

Source: 8VAC20-132-51

Instructional-hour rule
140 hours minimum. A standard unit of credit is 140 clock hours of instruction plus course requirements (8VAC20-132-10). WAIVABLE: local boards may develop alternatives (8VAC20-132-110, since 2015–16, via written local policy demonstrating comparable content and mastery), and §22.1-253.13:4 lets divisions waive the 140 hours for students pursuing an approved industry certification after completing the curriculum. The ledger counts observed minutes against 140 hours where no local waiver applies.

Source: 8VAC20-132-10 (definition); 8VAC20-132-110 (local alternatives); Code of Virginia §22.1-253.13:4

Below high school
YES at middle school, by infusion: §22.1-200.03(A)-(B) requires economics education and financial literacy instruction in middle AND high school, with Board-approved objectives (adopted April 26, 2006) infused across grades 6-8 SOL and CTE — no discrete middle-school course, no grade checkpoint, no separate elementary requirement.

Source: Code of Virginia §22.1-200.03

State-mandated assessment
NONE — no EPF SOL test (the credit is 1 standard / 0 VERIFIED), and §22.1-200.03(D) expressly relieves the Board from assessing the objectives in SOL assessments. Optional, non-mandated credentials VDOE references: the W!SE Financial Literacy Certification Test and the Workplace Readiness Skills examination.

Source: Code of Virginia §22.1-200.03(D); 8VAC20-132-51

Who may teach it
Not yet verified to a primary source — we publish only what we can cite.
State course codes
SCED 19262-I — Economics and Personal Finance, 36 weeks (primary route; MEDIUM confidence — the Aug 2024 guidance listed 22210-I; the Aug 28, 2025 revision lists 19262-I; VDOE's newer authoritative list, Virginia Active SCED Codes v12 (March 3, 2026), is an unparseable binary — verify there before reporting) · SCED 19262-II + 04249 — Personal Finance (18 wks) + Economics (18 wks) semester pair (both halves required; MEDIUM confidence) · SCED 04026 + 12059 — IB Economics + IB Business Management (IB Diploma students only, EPF SOL incorporated; HIGH confidence) · SCED 02003 / VA CTE 3120 — Personal Living and Finance (credit-accommodation path; the two documents use different numbers for the same course; MEDIUM confidence) · VA CTE 6120 — Economics and Personal Finance (parallel CTE numbering, maps to SCED 19262; relevant for Perkins V; MEDIUM confidence)

Source: VDOE Board-approved course guidance (Aug 28, 2025); Virginia Active SCED Codes v12 (March 3, 2026) supersedes and must be checked before state reporting

Standards framework
Economics and Personal Finance Standards of Learning, adopted 2019 (published as a Word document; internal structure not yet machine-verified)

Source: VDOE, EPF Standards of Learning — Adopted 2019. The Board's 'Economics Education and Financial Literacy Objectives' (April 26, 2006) is a separate document, not a prior version

Funding a district may cite
Perkins V (VDOE-administered) — EPF is published as a CTE course in the Finance career cluster (VA course 6120 / SCED 19262) by Virginia's CTE Resource Center, VDOE's CTE curriculum contractor.

Source: VDOE Perkins V program page; CTE Resource Center course listing

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.

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