Financial Literacy Graduation Requirement: Preparing Students for Real-World Success
Starting in September 2025, Ontario will introduce a Financial Literacy Graduation Requirement as part of its broader efforts to modernize the Ontario Secondary School Diploma (OSSD). This new mandate reflects the growing recognition of financial literacy as a crucial life skill, essential for students to navigate the complexities of adult life. At Toronto Global Academy, we are committed to helping our students meet this requirement and prepare for a successful financial future.
As part of the new graduation requirement, all Grade 10 students in Ontario will need to complete a financial literacy assessment embedded within their Mathematics course. Developed in collaboration with TVO, TFO, EQAO, and financial literacy experts, this assessment is designed to ensure that students graduate with both theoretical and practical financial skills. To pass, students must achieve a minimum score of 70% on the assessment. This evaluation will cover critical financial topics such as budgeting, saving, investing, debt management, and protection against financial fraud.
Students who do not meet the 70% threshold on their first attempt will have another opportunity to pass the assessment within the same academic year. Principals are responsible for ensuring that students who are unsuccessful in their second attempt have adequately demonstrated an understanding of the required concepts before being awarded the necessary credit for graduation. This approach emphasizes the importance of mastering financial literacy as a fundamental skill for life beyond high school.
The new financial literacy requirement is part of Ontario’s commitment to ensuring that students are well-prepared for real-world financial responsibilities. The course content is specifically designed to equip students with the knowledge they need to manage personal finances effectively, including how to create and manage a household budget, save for significant life events such as purchasing a home, make informed investment decisions, and protect themselves from financial scams and frauds.
At Toronto Global Academy, we recognize the importance of financial literacy and are dedicated to supporting our students in meeting this new graduation requirement. Our experienced educators integrate financial literacy into the Grade 10 Mathematics curriculum, ensuring that students receive comprehensive instruction that not only meets provincial standards but also prepares them for financial independence. We provide additional resources and support, including workshops, tutoring, and access to financial literacy tools, to help our students excel in this crucial area.
By fostering a strong foundation in financial literacy, Toronto Global Academy empowers students to make informed financial decisions, setting them up for long-term success in their personal and professional lives. We are committed to guiding our students through this new requirement, ensuring they graduate with the skills and confidence needed to thrive in today’s financial landscape.
For more information on the Financial Literacy Graduation Requirements or assistance in course selection: