FACS: Financial Literacy Education (FLE) in Indiana's Schools

Financial Literacy Education (FLE) in Indiana's Schools

Financial Literacy Education

Financial literacy is the ability to use knowledge and skills to manage one's financial resources effectively for a lifetime of financial security. Financial literacy is a continuum of evolving abilities, subject to variables such as age, family, culture, and residence, that individuals use to respond to every-changing personal and economic circumstances.

The framework for Financial Literacy Education in Indiana describes the knowledge and skills financially literate students should have in six major categories and at three benchmakr grades - 4th, 8th, and 12th. The framework provides standards and benchmark indications for educators that:

suggest the range of content students should know and be able to act on,
provide guidelines for evaluating curriculum, instruction, and student learning,
help shape planning for lessons, units, and course; learning and assessment activities; and textbooks and other instructional materials.

	Financial Literacy Education Framework
	Financial Responsibility and Decision Making
	Relating Income and Careers
	Planning and Money Management
	Managing Credit and Debt
	Risk Management and Insurance
	Saving and Investing

Middle School Financial Literacy Education Program:

Related Program Areas:

Resource Indexes

Task Force For Financial Literacy in Indiana's Schools

Policy Notification Statement UPDATED 11/18/2003

It is the policy of the Indiana Department of Education not to discriminate on the basis of race, color, religion, sex, national origin, age, or disability, in its programs, activities, or employment policies as required by the Indiana Civil Rights Law (I.C. 22-9-1), Title VI and VII (Civil Rights Act of 1964), the Equal Pay Act of 1973, Title IX (Educational Amendments), Section 504 (Rehabilitation Act of 1973), and the Americans with Disabilities Act (42 USCS §12101, et. seq.).

Inquiries regarding compliance by the Indiana Department of Education with Title IX and other civil rights laws may be directed to the Human Resources Director, Indiana Department of Education, Room 229, State House, Indianapolis, IN 46204-2798, or by telephone to 317-232-6610, or the Director of the Office for Civil Rights, U.S. Department of Education, 111 North Canal Street, Suite 1053, Chicago, IL 60606-7204 — Dr. Suellen Reed, State Superintendent of Public Instruction.