FL S0092

Requires one-half credit of instruction in personal financial literacy and money management as a prerequisite for high school graduation beginning with students entering grade 9 in the 2015-2016 school year.

Reduces elective credit requirements from eight credits to seven and one-half credits for a standard high school diploma to accommodate the new financial literacy requirement.

Establishes Next Generation Sunshine State Standards for financial literacy covering 13 specific topics including banking, credit management, taxes, insurance, investments, and loan applications.

Removes the previous requirement that economics courses include financial literacy instruction, creating instead a separate dedicated course on the subject.

Takes effect July 1, 2015, making Florida the eighteenth state to require financial literacy instruction for high school graduation.