State review · Data version 2026.10.19.5 · October 2026

Minnesota

Under review

This state is under review. Not yet confirmed: the sources found so far are listed below and no status is stated.

Statuses come from published law and standards and an automated second check, not a lawyer. Last verified: 2026-10-19. Report a correction

How to read the status

Status key

Requirement before grade 9: A statute or rule requires financial education and reaches at least one grade before ninth. Some start only in grade 6 or 7; the earliest grade is shown with the label.
Requirement, grades not specified: A statute or rule says students shall receive financial-literacy instruction but names no grade, so it is not confirmed to reach K-8.
K-8 standards only: State standards name a personal-finance concept at two or more K-8 grade levels, but no requirement to teach it was found.
No K-8 personal-finance standards found: A high school requirement exists, but no requirement for any grade before ninth and no K-8 standards naming a personal-finance concept at two or more grade levels were found. This describes what was found, not proof that none exist.
Study or pilot only: A task force, study, pilot, or unfunded permission exists, without a requirement.
None found: No state-level requirement or standards were found. The searches run are recorded.
Under review: Not yet confirmed. Sources found so far are shown and no status is stated.
Research in progress: This state has not been researched yet.

Sources found so far

Office of the Revisor of Statutes, Minnesota Legislature. Minn. R. 3501.1350, subp. 3(C). Primary source. Retrieved 2026-10-19.
“Personal Finance: The student will apply economic concepts and models to develop individual and collective financial goals and strategies for achieving these goals”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. R. 3501.1350, subp. 1. Primary source. Retrieved 2026-10-19.
“The purpose of these standards is to establish statewide standards for social studies that govern instruction of students in kindergarten through grade 12.”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. R. 3501.1350, subp. 1. Primary source. Retrieved 2026-10-19.
“School districts shall assess a student's performance using criteria in subparts 2 through 6.”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. R. 3501.1350 (effective date note). Primary source. Retrieved 2026-10-19.
“These standards are effective at the beginning of the 2026-2027 school year.”
Minnesota Legislative Reference Library (copy of Minnesota Department of Education standards document). 2021 Minnesota K-12 Academic Standards in Social Studies, Introduction. Primary source. Retrieved 2026-10-19.
“The standards also include personal finance and/or financial literacy.”
Minnesota Legislative Reference Library (copy of Minnesota Department of Education standards document). Benchmark K.2.9.1. Primary source. Retrieved 2026-10-19.
“Distinguish between individual needs (conditions necessary to”
Minnesota Legislative Reference Library (copy of Minnesota Department of Education standards document). Benchmark 2.2.9.1. Primary source. Retrieved 2026-10-19.
“Given a goal and several alternative choices to reach that goal,”
Minnesota Legislative Reference Library (copy of Minnesota Department of Education standards document). Benchmark 6.2.9.1. Primary source. Retrieved 2026-10-19.
“Describe various types of income.”
Minnesota Legislative Reference Library (copy of Minnesota Department of Education standards document). Benchmark 6.2.9.1. Primary source. Retrieved 2026-10-19.
“Create a budget based on a given monthly income.”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. Stat. 120B.021, subd. 1(a)(4). Primary source. Retrieved 2026-10-19.
“(4) social studies, including history, geography, economics, and government and citizenship that includes civics;”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. Stat. 120B.024, subd. 1(b). Primary source. Retrieved 2026-10-19.
“must successfully complete a course for credit in personal finance in grade 10, 11, or 12.”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. R. 3501.1350, subp. 1. Primary source. Retrieved 2026-10-19.
“establish statewide standards for social studies that govern instruction of students in kindergarten through grade 12. School districts shall assess a student's performance using criteria”
Office of the Revisor of Statutes, Minnesota Legislature. Minn. Stat. 120B.024, subd. 1(b). Primary source. Retrieved 2026-10-19.
“Students who begin grade 9 in the 2024-2025 school year and later must successfully complete a course for credit in personal finance in grade 10,”

Open items are being reviewed.

Suggested citation
CENTS. Minnesota: K-8 financial education. State-by-state review, v2026.10.19.5, October 2026. https://www.centscampaign.org/states/mn