South Carolina § 59-29-410 Development of high school financial literacy programs; areas of instruction.

South Carolina Statutes

§ 59-29-410 — Development of high school financial literacy programs; areas of instruction.

South Carolina § 59-29-410

Title 59EDUCATION

Ch. 29SUBJECTS OF INSTRUCTION

This text of South Carolina § 59-29-410 (Development of high school financial literacy programs; areas of instruction.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 59-29-410 (2026).

Text

(A)The State Board of Education shall develop or adopt curricula, materials, and guidelines for local school boards to use in implementing a program of instruction on financial literacy within courses currently offered in high schools in this State.

(B)The financial literacy program shall include, but not be limited to, instruction in the following areas:

(1)opening a deposit account and assessing the quality of a depository institution's services;

(2)balancing a check book;

(3)spending, credit, credit scoring, and managing debt, including retail and credit card debt;

(4)completing a loan application;

(5)the implications of an inheritance;

(6)the basic principles of personal insurance policies;

(7)computing state and federal income taxes;

(8)local tax assessments;

(9)computing i

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(A) The State Board of Education shall develop or adopt curricula, materials, and guidelines for local school boards to use in implementing a program of instruction on financial literacy within courses currently offered in high schools in this State. (B) The financial literacy program shall include, but not be limited to, instruction in the following areas: (1) opening a deposit account and assessing the quality of a depository institution's services; (2) balancing a check book; (3) spending, credit, credit scoring, and managing debt, including retail and credit card debt; (4) completing a loan application; (5) the implications of an inheritance; (6) the basic principles of personal insurance policies; (7) computing state and federal income taxes; (8) local tax assessments; (9) computing interest rates by various mechanisms; (10) understanding simple contracts; (11) contesting an incorrect billing statement; (12) savings and investing; and (13) state and federal laws concerning finance.