Field 059: Financial Literacy Assessment

Alignment of OAE Financial Literacy Assessment Framework with Ohio-specified Standards

This alignment study identifies the national and/or Ohio educational standards that are addressed in whole or in part by each competency of the assessment framework. An indication of alignment does not necessarily imply complete congruence of the content of an OAE test competency with the relevant standard. The information in this document is subject to change if revisions are made to the assessment framework. Any changes will fully supersede the information contained in this document.

Competencies Ohio Educational
Preparation Standards 		Ohio Educator
Standards 		Ohio Student
Standards
Financial Literacy NCSS National Standards for the Preparation of Social Studies Teachers (revised 2017) Ohio Standards for the Teaching Profession (2005) Ohio's Learning Standards: Financial Literacy (2018)
0001 Understand fundamental concepts of financial responsibility, decision making, and planning. 1a 2 Middle Grades:
Financial Responsibility and Decision Making 1–5
Planning and Money Management 6, 9
Informed Consumer 10

High School:
Financial Responsibility and Decision Making 1–5
Planning and Money Management 6, 9–10
Informed Consumer 11
0002 Understand methods of informing and protecting consumers. 1a 2 Middle Grades:
Informed Consumer 11, 13–14
Credit and Debt: 22
Risk Management and Insurance: 23

High School:
Informed Consumer 12, 14–15
Credit and Debt: 23
Risk Management and Insurance: 24–25, 27
0003 Understand principles of investing and the use of credit and debt. 1a 2 Middle Grades:
Planning and Money Management 7–8
Informed Consumer 12
Investing 15–17
Credit and Debt 18–21
Risk Management and Insurance 23

High School:
Planning and Money Management 7–8
Informed Consumer 13
Investing 16–18
Credit and Debt 19–22
Risk Management and Insurance 26

 

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