The NFEC will provide you with complimentary survey tools you can use, whether you’re an interested individual or an educator seeking to evaluate student progress. The financial literacy survey for high school students is designed to clarify students’ current position in relation to the education they’re about to receive. This evaluation is similar to the financial literacy survey for college students and adults. Thus questions are included regarding income levels, savings rates, credit and debt, and investment knowledge. In addition, the survey measures financial sentiment, existing financial habits, and students’ willingness and motivation to learn more about money and make positive changes to their financial behaviors. In this way, the NFEC is helping address the potential problems caused by financial illiteracy.

The NFEC wants you to be aware that the financial literacy survey for high school students is subject to potential response bias or possibly even deliberate misrepresentation. When people answer money management survey questions about their finances, sometimes they might forget about accounts they have or don’t know the answer to a question. In other cases, respondents to a financial literacy quiz survey may be embarrassed about their financial situations or lack of knowledge, or come across a question that makes them feel emotionally uncomfortable, given that money is an emotional topic for many. The NFEC will help you avoid these potential sources of bias by setting clear barometers of educational success that can be measured using established empirical methods.