Financial Basics Certification

Jordan Tester is Certified

Financial Basics for High School is a comprehensive financial education program for students in South Carolina. Offered directly through South Carolina Student Loan Corporation, students can participate as part of a teacher-directed high school course or students can complete the program independently.

In order to earn his or her certification, each student must:

  • Complete the mini-courses on the topics listed below.
  • Complete each course with a final grade of 100% correct.
  • Maintain a minimum "participation score" throughout the program, which measures overall course engagement for each activity.

Students who achieve certification typically spend approximately six hours on the 40,000+ word Financial Basics for High School curriculum.

Coursework Summary

Financial Basics for High School and Beyond is designed to teach key facts that young adults need to make healthy financial decisions, whether they choose to continue their education in college or enter the workforce.

The following topics are covered:

  Buying a Car

From choosing a make and model to financing a purchase, topics every consumer should understand when buying a car.

  • Buying a Car
  • Choosing a Make and Model
  • The Total Cost of Ownership
  • Buy or Lease Decisions
  • Financing a Car Purchase
  • Setting a Target Price

 100% Correct
 Certificate ID: TE1514
August 11, 2017

  Protecting Your Success With Insurance

Understanding how insurance plays an important role in our financial lives.

  • Protecting Your Success With Insurance
  • How Insurance Works
  • Car Insurance
  • Life Insurance
  • Students and Health Insurance

 100% Correct
 Certificate ID: TE1503
August 9, 2017

  Planning for Your Financial Future

Learning the "how" and "why" of short, medium, and long-term financial planning.

  • Planning for Your Financial Future
  • Investing to Grow Wealth
  • Types of Investments
  • Saving for Retirement

 100% Correct
 Certificate ID: TE1502
August 9, 2017

  Buying a Home

The pros and cons of buying a home, including a comparison with renting.

  • Buying a Home
  • Borrowing for a Home
  • Buying Versus Renting a Home

 100% Correct
 Certificate ID: TE1501
August 9, 2017

  Renting an Apartment

Understanding your rights and responsibilities when renting an apartment.

  • Renting an Apartment
  • Roommates and Money
  • Renter’s Insurance

 100% Correct
 Certificate ID: TE1500
August 9, 2017

  Recognizing Financial Problems

One in five Americans have bad credit, which is commonly defined as a credit score below 620.

  • Understanding Chronic Debt
  • Recognizing the Warning Signs of Financial Trouble
  • Debt Management and Reduction
  • Repairing Credit

 100% Correct
 Certificate ID: TE1499
August 9, 2017

  Protecting Your Financial Identity

Steps you can take to minimize the chances of identity theft.

  • Identity Theft
  • Reading Your Credit Reports
  • Protecting Your Personal Information

 100% Correct
 Certificate ID: TE1498
August 9, 2017

  Managing Financial Accounts

How to get the most for financial services while minimizing fees and protecting your personal information.

  • Managing Financial Accounts
  • Protecting Your Personal Information
  • Minimizing Account Fees

 100% Correct
 Certificate ID: TE1497
August 9, 2017

   Financial Services

A look at commonly used financial services and accounts, including banks, credit unions, and alternative services.

  • Financial Service Providers
  • Checking Accounts for Students
  • Debit Cards Versus Credit Cards
  • Savings Account Basics

 100% Correct
 Certificate ID: TE1496
August 9, 2017

  Borrowing and Credit

Your decisions about when to borrow, how to borrow, and how to manage debt affect more of your life than you may expect.

  • Credit Reports and Scores
  • Risks and Rewards of Credit Cards
  • Building and Maintaining Credit

 100% Correct
 Certificate ID: TE1495
August 9, 2017

  Smart Spending

As a financially capable individual, how you choose to spend money should reflect your goals, values, and priorities.

  • Smart Spending
  • How to Track Spending
  • Debt and the Pressure to Spend

 100% Correct
 Certificate ID: TE1494
August 9, 2017

  Education and Financial Success

Why college is a great investment, even though it has an increasingly high cost.

  • Education and Financial Success
  • How Financial Aid Works
  • Types of Financial Aid
  • Repaying College Debt

 100% Correct
 Certificate ID: TE1493
August 9, 2017

  Earning a Living

Your choices about careers and employer benefits are some of the biggest financial decisions you'll ever make.

  • College and Career Choices
  • Earning Money
  • Employer Benefits
  • Making Decisions About Employee Benefits
  • Salary Expectations Versus Reality

 100% Correct
 Certificate ID: TE1492
August 9, 2017

  Compound Interest

Einstein said "compound interest is the eighth wonder of the world." Was he right?

  • Compound Interest – Friend and Foe
  • How Interest Works
  • Fees Versus Interest

 100% Correct
 Certificate ID: TE1491
August 9, 2017

  Choices About Money

Financial decisions almost always involve a trade off - getting something now usually means giving up something else.

  • Choices About Money
  • Your Financial Values
  • Setting Financial Goals

 100% Correct
 Certificate ID: TE1489
August 9, 2017

  Financial Health

What does it mean to be financially healthy? How do you measure it? Let's take a look.

  • Financial Health for Students
  • Measuring Net Worth

 100% Correct
 Certificate ID: TE1488
August 8, 2017