Personal finance is the subject of a new required class at Ardmore High School. Taught by Will Trisciani, the course was established based on the requirements of House Bill 1476.


Personal finance is the subject of a new required class at Ardmore High School. Taught by Will Trisciani, the course was established based on the requirements of House Bill 1476.


The bill, which created The Passport to Financial Literacy Act of 2007, became effective July 1, 2007.  The law requires that Oklahoma students, beginning with the 2008-09 seventh-grade class and phasing in grades eight through 12 by the year 2013, fulfill the requirements for Personal Financial Literacy Passport in order to graduate from a public high school with a standard diploma. 

The students will be required to satisfactorily complete each of the 14 areas, or “standards” of instruction during grades seven through 12.  Satisfactory completion of each standard must be approved by the instructor, as well as the principal, with a statement on the student’s transcript reflecting successful completion of all 14 standards upon graduation.


“We felt this was a subject which should be taught as a separate, full-year course, with a trained instructor,” said Ardmore City Schools’ Curriculum Director Shirley Morgan. “ With a stand-alone course we will have the most accurate scoring.  If the material is embedded in other courses it will be difficult to track the scoring.”


This year the class is open to enrollment at all high school grade levels. As the program becomes fully implemented in the upcoming years, it will be offered at a single grade level.  As of Aug. 20, more than 100 students were enrolled in the course.


“Personal finance is very important,” Trisciani said. “I wish I had been offered this course when I was in high school. Your credit is everything today. This is vital knowledge for all students, whether they attend college or go straight into the workforce after graduation.”


Trisciani said the students were beginning to realize how important finances are.


“The kids weren’t really certain as to the importance of things like resumes, references and cover letters when applying for a job,” he said. “After going over the importance of these, (students) are starting to get excited about it.  Next, we’re going to start working on credit cards…”


The course is intended to inform students how individual choices directly influence occupational goals and future earnings potential. The 14 areas of instruction are designed to provide students with the basic skills and knowledge needed to effectively manage their personal finances. Basic economic concepts of scarcity, choice, opportunity cost and cost/benefit analysis are interwoven throughout the standards and objectives.


“Mastering the skills, ideas, concepts and knowledge of this course will enable students to implement personal financial decision-making skills,” Ardmore City Schools Board of Education President, Nancy Porter said.


“It will also help students become wise and knowledgeable consumers, savers, investors, users of credit, money managers and participating members of a global workforce and society.”