Texas requires financial literacy education for public school students, with mandates effective since 2024. The state has 77 financial literacy standards spanning 10 topic areas, covering grades 6-8, 9-12.
Last updated: March 2026
Does Texas Require Financial Literacy Education?
Yes. Texas requires financial literacy instruction for public school students. Texas requires financial literacy instruction as part of the economics standard in social studies. As of 2024, enhanced financial literacy requirements have been integrated into the social studies TEKS, and standalone personal financial literacy courses are also required in high school.
Mandate Details
- Status
- required
- Effective Year
- 2024
- Standalone Course
- Yes
- Grade Levels
- 6-8, 9-12
- Legislation
-
HB 27, 89th Legislature (2025) (2025-06-20)
Texas Education Code Section 28.0021 (prior partial requirement) (2013 (HB 2662, 83rd Legislature))
Key Agencies
What Are Texas's Financial Literacy Standards?
Texas has 77 financial literacy standards organized across 10 topic areas. These topics range from Education & Career Planning and Credit & Debt Management to Retirement & Estate Planning, covering the full spectrum of personal finance education.
How Texas School Districts Adopt Financial Literacy Curriculum
Texas is a state adoption state, meaning curriculum must appear on a state-approved list before districts can purchase it with state funds. Texas is a mandatory textbook adoption state where the State Board of Education (SBOE) maintains an approved list of instructional materials for core subjects in grades K-12.
Purchasing Process
The SBOE adopts instructional materials on a cyclical basis, and districts must choose from the state-approved adoption list. However, districts have local autonomy in selecting from approved options and can also adopt non-listed materials under certain conditions.
Decision Level
The SBOE sets adoption cycles and approves materials at the state level, but individual districts make final purchasing decisions from the approved list or through local adoption procedures.
Textbook Adoption Cycle
6 years
2030
Social Studies, Economics, Personal Financial Literacy
Texas operates on a six-year rotation for most subject areas. Social studies materials including financial literacy components are currently in an active adoption cycle. Districts may adopt materials outside the approved list in non-adoption years under local adoption procedures.
Cooperative Purchasing Options
Curriculum That Meets Texas's Financial Literacy Standards
Districts looking for a standards-aligned financial literacy curriculum can use iKnowFi Academy — a self-paced, online platform built on the Absorb LMS that maps directly to Texas's learning objectives. iKnowFi Academy covers 54 of 77 standards (70.1% coverage) across 10 courses.
Texas Standards Coverage
70.1%Aligned Courses
Borrowing Money
Establishing Credit
Financial Building Blocks
Financial Preparation and Recovery
Making Housing Decisions
Managing Your Debt
Managing Your Money
The Importance of Saving
Using Credit Cards
Your Financial Future
Texas's Financial Literacy Standards & iKnowFi Academy Alignment
All 77 standards — 54 covered by iKnowFi Academy.
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(3) | analyze the relationship between education and training and earnings throughout the student's lifetime. | 11-12 | Your Financial Future |
| §113.76(d)(3) | investigate and evaluate the costs and benefits of various postsecondary education and training institutions. | 11-12 | Your Financial Future |
| §113.76(d)(3) | analyze and compare various student grant and loan options, including private and federal loans. | 11-12 | Your Financial Future |
| §113.76(d)(4) | identify factors such as educational attainment and market demand for careers that can influence the labor market and affect income. | 11-12 | Your Financial Future |
| §113.31(d)(20) | analyze and compare student loan options, including private and federal loans. | 12 | Your Financial Future |
| §113.76(d)(3) | describe the process for completing grant and scholarship applications, including the Free Application for Federal Student Aid (FAFSA) provided by the U.S. Department of Education or the Texas Application for State Financial Aid (TASFA). | 11-12 | — |
| §113.76(d)(3) | interpret data from a student aid report. | 11-12 | — |
| §113.76(d)(3) | research and align personal interests and skills with potential careers and postsecondary education to assure a life strategy that will produce employment the student enjoys with a desired standard of living. | 11-12 | — |
| §113.76(d)(4) | compare common employee benefits such as health insurance, sick leave, retirement plans, and other tax-favored health and dependent care plans. | 11-12 | — |
| §113.76(d)(5) | describe the role of the entrepreneur in creating businesses. | 11-12 | — |
| §113.76(d)(5) | discuss the resources available for entrepreneurship and the federal, state, and local agencies available to assist with or provide grants for the creation of a small business. | 11-12 | — |
| §113.76(d)(5) | analyze the risks and rewards of entrepreneurship, including those associated with starting a new business, owning a small business, and purchasing a franchise. | 11-12 | — |
| §113.31(d)(20) | understand how to complete the Free Application for Federal Student Aid (FAFSA) provided by the United States Department of Education. | 12 | — |
| §113.31(d)(20) | research and evaluate various scholarship opportunities such as those from state governments, schools, employers, individuals, private companies, nonprofits, and professional organizations. | 12 | — |
| §113.31(d)(20) | analyze and compare student grant options. | 12 | — |
| §113.31(d)(20) | research and evaluate various work-study program opportunities. | 12 | — |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(7) | compare and contrast sources of credit such as banks, merchants, peer-to-peer, payday loans, and title loans. | 11-12 | Borrowing Money |
| §113.76(d)(7) | identify the characteristics and dangers of predatory lending practices. | 11-12 | Borrowing Money |
| §113.76(d)(7) | compare and contrast types of credit, including revolving and installment credit, and collateralized loans versus unsecured credit. | 11-12 | Borrowing Money |
| §113.76(d)(7) | discuss how character, capacity, and collateral can adversely or positively impact an individual's credit rating and ability to obtain credit. | 11-12 | Establishing Credit |
| §113.76(d)(7) | explain how to access a credit report and score and interpret a sample credit report and score. | 11-12 | Establishing Credit |
| §113.76(d)(7) | describe the importance of monitoring credit reports regularly and addressing errors. | 11-12 | Establishing Credit |
| §113.76(d)(7) | discuss how personal factors such as medical expenses, job loss, divorce, or a failed business could lead to bankruptcy. | 11-12 | Managing Your Debt |
| §113.76(d)(7) | determine and discuss if and when to use credit by considering the truth in lending disclosures. | 11-12 | Borrowing Money |
| §113.31(d)(17) | identify the types of loans available to consumers. | 12 | Borrowing Money |
| §113.31(d)(17) | explain the responsibilities and obligations of borrowing money. | 12 | Borrowing Money |
| §113.31(d)(17) | develop strategies to become a low-risk borrower by improving and understanding one's personal credit score. | 12 | Establishing Credit |
| §113.31(d)(18) | examine ways to avoid and eliminate credit card debt. | 12 | Using Credit Cards |
| §113.31(d)(18) | evaluate the costs and benefits of declaring personal bankruptcy. | 12 | Managing Your Debt |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(8) | determine the exponential growth benefits of starting early to invest with continuous contributions. | 11-12 | The Importance of Saving |
| §113.76(d)(8) | determine the number of years it will take for savings to double in value by using the rule of 72. | 11-12 | The Importance of Saving |
| §113.76(d)(8) | evaluate the costs and benefits of various savings options such as bank savings accounts, certificates of deposit, and money market mutual funds. | 11-12 | The Importance of Saving |
| §113.76(d)(8) | evaluate risk and return of various investment options, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). | 11-12 | Your Financial Future |
| §113.76(d)(8) | evaluate the relative benefits of pre-tax and post-tax investing. | 11-12 | Your Financial Future |
| §113.76(d)(8) | develop a short-term saving strategy to achieve a goal such as establishing and maintaining an emergency fund. | 11-12 | The Importance of Saving |
| §113.76(d)(8) | develop an intermediate-term saving and investing strategy to achieve a goal such as accumulating a down payment on a home or vehicle. | 11-12 | Making Housing Decisions |
| §113.76(d)(8) | develop a long-term investing strategy to achieve a goal such as a financially secure retirement. | 11-12 | Your Financial Future |
| §113.31(d)(16) | explain how the amount of savings in an economy is the basis of capital formation. | 12 | The Importance of Saving |
| §113.31(d)(16) | analyze the role of interest and risk in allocating savings to its most productive use. | 12 | Your Financial Future |
| §113.31(d)(17) | assess ways to be a wise investor in the stock market and in other personal investment options such as developing a personal retirement plan. | 12 | Your Financial Future |
| §113.31(d)(17) | explain how to begin a savings program. | 12 | The Importance of Saving |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(6) | identify and prioritize types of purchases and charitable giving. | 11-12 | Financial Building Blocks |
| §113.76(d)(6) | discuss the importance of tracking income and expenses to reconcile financial records. | 11-12 | Financial Building Blocks |
| §113.76(d)(6) | evaluate the impact of unplanned spending. | 11-12 | Financial Building Blocks |
| §113.76(d)(6) | analyze costs and benefits of owning versus renting housing. | 11-12 | Making Housing Decisions |
| §113.76(d)(10) | develop a budget that addresses short-, medium-, and long-term financial goals. | 11-12 | Financial Building Blocks |
| §113.31(d)(19) | evaluate the costs and benefits of renting a home versus buying a home. | 12 | Making Housing Decisions |
| §113.31(d)(19) | assess the financial aspects of making the transition from renting to home ownership. | 12 | Making Housing Decisions |
| §113.76(d)(6) | analyze costs and benefits of owning versus leasing a vehicle. | 11-12 | — |
| §113.31(d)(18) | evaluate the costs and benefits of charitable giving. | 12 | — |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(9) | apply risk management strategies, including avoiding, reducing, retaining, and transferring risk. | 11-12 | Financial Preparation and Recovery |
| §113.76(d)(9) | explain the costs and benefits of property insurance, including homeowner's and renter's insurance. | 11-12 | Making Housing Decisions |
| §113.31(d)(18) | evaluate the costs and benefits of buying insurance. | 12 | Financial Preparation and Recovery |
| §113.76(d)(9) | define insurance terminology, including premiums, deductibles, co-pays, and policy limits. | 11-12 | — |
| §113.76(d)(9) | explain the costs and benefits of different types and sources of health insurance. | 11-12 | — |
| §113.76(d)(9) | explain the costs and benefits of disability and long-term care insurance. | 11-12 | — |
| §113.76(d)(9) | explain the costs and benefits of life insurance, including term insurance and whole life insurance. | 11-12 | — |
| §113.76(d)(9) | explain the costs and benefits of automobile insurance and factors that impact the price of insurance, including the type of vehicle, age and sex of driver, driving record, deductible, and geographic location. | 11-12 | — |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(6) | evaluate various forms of financial exchange such as cash, checks, credit cards, debit cards, mobile payment applications, and electronic transfers. | 11-12 | Managing Your Money |
| §113.31(d)(16) | explain the functions of financial institutions and how they affect households and businesses. | 12 | Managing Your Money |
| §113.31(d)(16) | examine the types of accounts available to consumers from financial institutions and the risks, monetary costs, and benefits of maintaining these accounts. | 12 | Managing Your Money |
| §113.31(d)(17) | demonstrate how to maintain a checking account, including reconciling a bank statement. | 12 | Managing Your Money |
| §113.76(d)(5) | explain the characteristics of business organizations such as sole proprietorships, partnerships, and corporations. | 11-12 | — |
| §113.31(d)(15) | explain the characteristics of sole proprietorships, partnerships, and corporations. | 12 | — |
| §113.31(d)(15) | analyze the advantages and disadvantages of sole proprietorships, partnerships, and corporations. | 12 | — |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(4) | identify sources of income, including wages and salaries, profits, interest, rent, dividends, and capital gains. | 11-12 | Financial Building Blocks |
| §113.76(d)(4) | differentiate among and calculate gross, net, and taxable income. | 11-12 | Financial Building Blocks |
| §113.76(d)(5) | explain how an entrepreneur earns income, including through profits from the creation or ownership of businesses. | 11-12 | Financial Building Blocks |
| §113.76(d)(5) | compare total compensation, additional benefits, and obligations as a self-employed or independent contractor and as an employee. | 11-12 | — |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(6) | develop financial goals for the short, medium, and long term that are specific, measurable, attainable, realistic, and time based. | 11-12 | The Importance of Saving |
| §113.76(d)(6) | analyze the opportunity costs of spending and saving in recognizing short-, medium-, and long-term goals. | 11-12 | Managing Your Money |
| §113.76(d)(10) | use problem-solving and decision-making processes to identify a problem, gather information, list and consider options, consider advantages and disadvantages, choose and implement a solution, and evaluate the effectiveness of the solution. | 11-12 | Managing Your Money |
| §113.76(d)(10) | explain why earning income, spending, credit, debt, saving and investing, and protecting and insuring assets are important parts of a comprehensive financial plan and develop a plan that incorporates these components. | 11-12 | Your Financial Future |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(9) | identify ways to reduce risk of identity theft and protect personal information. | 11-12 | Financial Preparation and Recovery |
| §113.76(d)(9) | describe and identify examples of common financial schemes and scams such as Ponzi schemes and pyramid, phishing, check cashing, and home renovation scams. | 11-12 | Financial Preparation and Recovery |
| §113.76(d)(9) | explain how consumer protection agencies protect consumers against fraud. | 11-12 | — |
| ID | Standard | Grade | iKnowFi Academy Course |
|---|---|---|---|
| §113.76(d)(9) | explain the importance of estate planning, including guardianship of minor children, wills, beneficiary designation, power of attorney, living will, and medical directives. | 11-12 | Financial Preparation and Recovery |
Texas Financial Literacy FAQ
Yes. Texas requires financial literacy instruction, effective since 2024.
Texas requires financial literacy instruction as part of the economics standard in social studies. As of 2024, enhanced financial literacy requirements have been integrated into the social studies TEKS, and standalone personal financial literacy courses are also required in high school.
Texas's financial literacy requirements are established by HB 27, 89th Legislature (2025) and Texas Education Code Section 28.0021 (prior partial requirement).
Requires students entering ninth grade during or after the 2025-2026 school year to complete at least one half-credit in personal financial literacy as part of the foundation high school graduation program; makes Texas the 29th state with a standalone personal finance graduation requirement, effective for the class of 2030. Previously required instruction in personal financial literacy in mathematics in grades K-8 and required districts to offer (but not require students to take) a half-credit elective course in personal financial literacy at the high school level.
Texas's financial literacy standards apply to grades 6-8, 9-12. A standalone course is required.
Texas has 77 financial literacy standards spanning 10 topic areas including Credit & Debt Management, Saving & Investing, Budgeting & Money Management, Education & Career Planning, Financial Planning & Goal Setting.
Texas's 77 standards are organized across 10 topics: Credit & Debt Management, Saving & Investing, Budgeting & Money Management, Education & Career Planning, Financial Planning & Goal Setting, Banking & Financial Services, Income & Taxes, Insurance & Risk Management, Consumer Skills & Protection, Retirement & Estate Planning.
Texas uses a state adoption process. Districts select from a state-approved vendor list.
The SBOE adopts instructional materials on a cyclical basis, and districts must choose from the state-approved adoption list. However, districts have local autonomy in selecting from approved options and can also adopt non-listed materials under certain conditions.
iKnowFi Academy covers 54 of Texas's 77 financial literacy standards (70% coverage) across 10 self-paced online courses.
Each course is aligned to Texas's specific learning objectives, built on the Absorb LMS, and includes built-in assessments. Teachers assign them and students work independently.
Texas's next curriculum review is scheduled for 2030 on a 6-year cycle.
Texas operates on a six-year rotation for most subject areas. Social studies materials including financial literacy components are currently in an active adoption cycle. Districts may adopt materials outside the approved list in non-adoption years under local adoption procedures.
Get Your Free Texas Standards Alignment Report
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- 54 of 77 standards covered
- 10 self-paced courses, ready to assign
- Built-in assessments and progress tracking
- No schedule changes needed — students work independently
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