Students who began Grade 9 in the 2025-2026 school year or later will be required to successfully complete the Financial Literacy Graduation Requirement (FLGR) in order to earn their Ontario Secondary School Diploma.

VSS students are required to attend in-person to complete the Financial Literacy Graduation Requirement assessment. 

Additional information regarding dates, scheduling, and procedures will be provided when students enroll in their Grade 10 Career Studies course.

What is the Financial Literacy Graduation Requirement (FLGR)?

The FLGR is a provincial graduation requirement that will be completed as part of the compulsory Grade 10 Career Studies (GLC2O) course. The requirement consists of learning modules and assessment questions developed by TVO and administered by schools.

The assessment focuses on core financial literacy concepts taught throughout the Ontario curriculum from Grades 1 to 9 and reinforces learning within the Grade 10 Career Studies course.

To successfully meet the graduation requirement, students:

• Have up to two attempts during the Career Studies course
• Must achieve a minimum score of 70%
• Will have the successful completion recorded on their Ontario Student Transcript
• Will have their highest FLGR result contribute 5% toward their final Grade 10 Career Studies mark

Students who successfully complete the requirement do not need to complete it again, even if they later retake the Career Studies course.

What Does the Assessment Look Like?

According to information provided by TVO, the assessment:

• Is completed during one 75-minute class period
• Is divided into three sections:
  • Part 1: Financial Literacy Foundations
  • Part 2: Making Sound Financial Decisions
  • Part 3: Understanding and Applying Financial Literacy
• Includes review materials and real-world scenarios before each section
• Contains question formats such as:
  • Multiple choice
  • Matching
  • Sorting
• Consists of approximately 4-5 questions per section
• Requires a minimum score of 70% to pass
• Uses a large question bank, meaning each student receives a unique assessment while maintaining consistent standards and expectations.

What Happens if a Student Does Not Pass?

Students will receive support and opportunities to improve their understanding before a second attempt.

Supports may include:

• Additional learning resources through TVO Learn
• School-based support and instructional assistance
• Additional opportunities to meet the requirement if necessary

Students who do not successfully meet the requirement after two attempts will continue to have access to supports and additional pathways established by the Ministry of Education until they successfully complete the requirement.

Learn More

Families and students are encouraged to review the Ministry of Education's information page.

Additional information, sample resources, and frequently asked questions are available through TVO Learn.