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Bill > SB2344


MS SB2344

MS SB2344
Financial literacy; require as component of postsecondary education.


summary

Introduced
01/19/2026
In Committee
02/12/2026
Crossed Over
02/09/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act To Declare Legislative Findings; To Require Students At State Institutions Of Higher Learning, Community Colleges And Junior Colleges To Complete A Financial Literacy Course As A Condition Of Graduation; To Outline Minimum Requirements For Such Financial Literacy Course; To Provide Guidelines For Implementation For Institutions And Colleges; To Grant The Board Of Trustees Of The State Institutions Of Higher Learning And The Mississippi Community College Board Authority To Promulgate Rules And Regulations Necessary For Implementation; To Give The Board Of Trustees Of The State Institutions Of Higher Learning And The Mississippi Community College Board The Authority To Establish Minimum Learning Outcomes And Competency Standards; To Allow The Boards To Coordinate; To Create Compliance Procedures; To Provide For High School Financial Literacy Courses; And For Related Purposes.

AI Summary

This bill mandates that starting with students entering in Fall 2027, all Mississippi state universities and community colleges must require students to complete a financial literacy course or demonstrate equivalent competency as a condition for graduation. This course, which must be at least one credit hour or equivalent, will cover essential practical financial topics such as budgeting, credit, student loans, taxes, insurance, investing, and consumer protection, and will include hands-on learning components without commercial endorsements. Institutions have flexibility in how they deliver this requirement, including allowing students to fulfill it through exams or prior coursework, and the governing boards, the Board of Trustees of State Institutions of Higher Learning and the Mississippi Community College Board, are empowered to create necessary rules and standards, with the possibility of coordination between them to ensure alignment. While high school financial literacy courses may be recognized, they will only count towards this requirement if they meet the postsecondary competency standards.

Committee Categories

Education

Sponsors (8)

Last Action

Referred To Universities and Colleges;Accountability, Efficiency, Transparency (on 02/12/2026)

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