Bill > S03331

This bill requires all public and private schools in New York to provide a comprehensive financial literacy program for 11th-grade students who are pursuing a Regents, local, or advanced designation regents diploma. The program can be implemented either by incorporating financial literacy coursework into an existing course or by establishing a dedicated financial literacy course. Schools must cover a wide range of financial topics, including taxes, student loans, car loans, mortgages, debt, interest rates, credit cards, bank accounts, investing, retirement planning, and insurance. While schools are required to address these topics, they retain flexibility in determining the curriculum's structure and teaching approach. The state education commissioner is tasked with providing sample instructional materials and resources to support schools in implementing this financial education requirement. The bill will take effect 180 days after becoming law, with immediate authorization for developing necessary implementation regulations. The goal is to ensure that high school students gain practical financial knowledge that can help them make informed economic decisions in their future personal and professional lives.

Education

https://www.nysenate.gov/legislation/bills/2025/S3331