HI HB2557

University of Hawaii System must establish a voluntary financial literacy program offered at the beginning of each semester at all campuses at no cost to students.

Program curriculum must cover credit costs and management, borrowing for automobiles and large purchases, home mortgages, credit scoring and reports, budgeting, tax planning, and investing.

The bill aligns with the Department of Education's financial literacy graduation requirement taking effect in the 2026-2027 academic year, allowing college students to retain or practice skills learned in high school.

An unspecified amount is appropriated from general revenues for fiscal year 2026-2027 to implement the program, with funds expended by the University of Hawaii.