Illinois Financial Literacy Test Data & Complimentary Tests
The Council provides complimentary financial literacy tests for Illinois residents of all ages. The Illinois financial literacy testing resources were developed to provide evaluation resources for financial educators, offer a self-improvement tool for individuals, and give the media information about the current state of people’s financial capabilities across Illinois.
Schools can leverage the Illinois financial literacy test to address the 9th- and 12th-grade standards, including questions on: budgeting, income and taxes, compounding interest, how interest is calculated, savings, risk management, investment strategies, jobs and careers, fixed and variable expenses, comparison shopping, credit choices, and risk/reward tradeoff.
Test Results: Illinois vs National Results
Illinois: 15- to 18-Year-Olds
Average Score of 64.42% to Date
Percentage of Passing [70%] Scores to Date
Δ: Change in Average Score from Previous Data: -.29%
2,221 Participants
National Average Among 52,572 Participants (All Regions): 64.04%
State Comparison: 15- to 18-Year-Olds
Average scores among the 25 states with more than 700 15- to 18-year-old participants. Illinois ranked 12th. No state passed [70%].
Take the Illinois Financial Literacy Test & Get Results
Select & Take the Test
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*Educators & Course Facilitators: Each student will receive individual results after completing the test. To receive students’ results, have them forward you the email.