Current through Register Vol. 30, No. 38, September 20, 2024
A. School districts and charter schools may
participate in the State Seal of Personal Finance Proficiency Program
(Program), which recognizes students who have attained a high level of
proficiency in personal finance. School districts and charter schools
participating in the Program may award the State Seal of Personal Finance
Proficiency to any high school student who graduates from a school operated by
the school district or charter school and who meets the requirements of the
Program outlined in subsections (1) and (2) of this subsection. To be eligible
to be awarded the State Seal of Personal Finance Proficiency, each student
shall do each of the following:
1. Complete
all Social Studies requirements for graduation with GPA of 3.0 or higher on a
4.0 scale, or the equivalent; and
2. Complete all of the following activities:
a. Passage of an assessment. The student
shall attain the required score on one personal finance assessment as adopted
by the State Board of Education, defined by the Arizona Department of
Education, for purposes of demonstrating personal finance
proficiency;
b. Completion of an
approved Personal Finance Program. The student shall complete one of the
personal finance programs as adopted by the State Board of Education, defined
by the Arizona Department of Education, for purposes of demonstrating personal
finance proficiency;
c.
Participation in a curricular or extracurricular program. The student shall
complete one personal finance curricular or extracurricular program as adopted
by the State Board of Education, defined by the Arizona Department of
Education, for purposes of demonstrating personal finance proficiency;
and
d. Demonstrated college and/or
career readiness plan. The student shall complete one college and career
readiness plan as adopted by the State Board of Education, defined by the
Arizona Department of Education, for purposes of demonstrating personal finance
proficiency.
B. By October 1 of each year, the Arizona
Department of Education shall make an electronic facsimile of the State Seal of
Personal Finance Proficiency available to each school district or charter
school participating in the Program. Each participating school district or
charter school shall identify each student who has met the requirements of the
Program, affix the State Seal of Personal Finance Proficiency to the student's
diploma upon graduation, and shall note the receipt of the State Seal of
Personal Finance Proficiency on the transcript of the student.
C. The Arizona Department of Education shall
post on its website by July 1 of each year:
1.
The list of acceptable personal finance assessments and the score to be
achieved on each, as approved by the Board, which meet the requirements of
R7-2-319(A)(2)(a);
2. The list of
acceptable personal finance programs, as approved by the Board, which meet the
requirements of R7-2-319(A)(2)(b);
3. The list of acceptable personal finance
curricular or extracurricular programs, as approved by the Board, which meet
the requirements of R7-2-319(A)(2)(c); and
4. The list of acceptable college and/or
career readiness plans, as approved by the Board, which meet the requirements
of R7-2-319(A)(2)(d).
D.
Each school district and charter school that participates in the Program shall
meet the following requirements:
1. Notify the
Arizona Department of Education of its intent to participate in the Program at
least 30 days prior to issuing the seal by filling out the form provided on the
Arizona Department of Education's website;
2. Designate at least one individual to serve
as coordinator of the Program and provide that individual's name and contact
information to the Arizona Department of Education;
3. Using a format prescribed by the Arizona
Department of Education, submit a report no later than 90 days after the end of
the school year with the total number of students awarded the State Seal of
Personal Finance Proficiency; and
4. Make available to parents and students
information regarding the Program and the name and contact information for the
coordinator of the Program.
E. The Arizona Department of Education shall
establish guidelines and procedures to assist school districts and charter
schools in the administration of the Program.
