Minnesota Personal Finance Standards & Graduation Requirements
Minnesota requires personal finance to graduate, beginning with the class of 2028.
Minnesota at a glance
- Requirement
- Standalone course required
- Legislation or authority
- 2023 education omnibus; Minn. Stat. 120B.024 (personal finance graduation requirement)
- Passed
- 2023 (signed as part of the education omnibus)
- Takes effect
- Applies to students entering grade 9 in 2024-25
- First graduating class affected
- Class of 2028
- State standards
- MDE Personal Finance graduation requirement guidance
What Minnesota requires
Minnesota added personal finance to its graduation requirements through the 2023 education omnibus, codified at Minn. Stat. 120B.024. It applies to students who entered grade 9 in 2024-25 — the class of 2028 and beyond.
MDE has issued statewide guidance and FAQs, including teacher licensure and field-permission details that determine who can teach the course.
Last reviewed against official sources on 2026-07-15.
How Rapunzl maps to Minnesota standards
Rapunzl's curriculum is built on the Council for Economic Education's six pillars. Here is how they line up with the Minnesota framework.
| Minnesota strand | CEE pillar | Rapunzl modules |
|---|---|---|
| Earning income & taxes | Earning Income | Taxes & IncomeCareers In Finance |
| Spending & budgeting | Spending | The Basics Of BankingBuying Your First HomePaying For College |
| Saving & investing | Investing | Welcome To The Stock MarketWhat Makes A Good Stock?ETFs & Mutual Funds |
| Credit & debt | Managing Credit | The Power & Risks Of CreditHow To Make Loans Work For You |
| Risk management & insurance | Managing Risk | Diversification & RiskInsurance & Retirement |
| Financial decision-making | Financial Decision-Making | Financial StatisticsTop Investor Strategies |
Educators can request a full Minnesota standards crosswalk through the Educator Dashboard.
Why Minnesota schools choose Rapunzl
Minnesota folded personal finance into its graduation requirements through the 2023 education omnibus, now codified at Minn. Stat. 120B.024, and it applies to students who entered grade 9 in 2024-25, the class of 2028. Since that cohort is already in high school, districts are standing up the course now, and MDE's FAQs on teacher licensure and field permissions decide who can teach it. Rapunzl gives the course something students actually do: manage a $10,000 portfolio in a live-market simulator, with modules that run from a few weeks to a full semester. That range helps while schools sort out staffing and scheduling.
- 100,000+students have completed Rapunzl's curriculum
- 93%average financial literacy scores on national test over past 5 years, 24% above average
- 31interactive modules that can be customized into a course progression for your classroom
- 20+hours of gameplay in 2 interactive mini-games alongside our investment simulator and financial calculators
Teachers work from a dashboard that exports grades and crosswalks each lesson to Minnesota's personal finance requirement, with materials in English and Spanish that read correctly with a screen reader. Rapunzl's January scholarship competition gives students a reason to stay with their portfolio past the end of the unit.
Minnesota personal finance requirement FAQ
Minnesota requires personal finance to graduate, beginning with the class of 2028.
The requirement is set by 2023 education omnibus; Minn. Stat. 120B.024 (personal finance graduation requirement).
Takes effect: Applies to students entering grade 9 in 2024-25.
The Class of 2028 is the first graduating class that has to meet it, so earlier classes are not held to the requirement.
Timeline: Applies to students entering grade 9 in 2024-25.
If you are planning a course now, that timeline is the window to have curriculum in place before Minnesota starts holding students to it.
MDE Personal Finance graduation requirement guidance.
Rapunzl is built on the Council for Economic Education's six pillars: earning income, spending, saving, investing, managing credit, and managing risk. Minnesota's personal finance requirement covers the same topics, so the crosswalk above matches each to the modules that teach it.
Yes. Rapunzl's modules and live simulator cover the six CEE pillars, and those map onto the Minnesota strands on this page, so the course the class of 2028 needs has curriculum ready.
Students learn by trading a simulated $10,000 in real market conditions, and teachers run the class from a dashboard with grade export, bilingual materials, and screen-reader support.
Ask for a demo and we'll send the Minnesota crosswalk along with classroom access so you can plan the course around your licensure options.
Bring Rapunzl to your Minnesota classroom
Explore the curriculum and real-time simulator free for 30 days. Tell us about your school and we'll send your all-access demo along with the Minnesota standards crosswalk.
Request DemoPersonal finance requirements in other states
- Alabama Standards
- Alaska Standards
- Arizona Standards
- Arkansas Standards
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- Colorado Standards
- Connecticut Standards
- Delaware Standards
- Florida Standards
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- New Jersey Standards
- New Mexico Standards
- New York Standards
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- Oregon Standards
- Pennsylvania Standards
- Rhode Island Standards
- South Carolina Standards
- South Dakota Standards
- Tennessee Standards
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- West Virginia Standards
- Wisconsin Standards
