DENVER (KDVR) -- A new law passed through the state will require high school seniors to take a class on financial literacy, in hopes of setting them up for financial success in the future.

Starting in the 2027-28 school year, the law requires each individual career and academic plan to include a requirement that students be exposed during their graduation year to federal financial aid eligibility tools and net price calculators, along with practice filling out the FAFSA.

According to the law, research confirms a course incorporating all of the state's existing financial literacy standards currently taught in the 11th or 12th grade will deliver the greatest impact by empowering students with comprehensive financial management skills at a time when they are most ready to apply the skills.

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