Article 11 of the Nevada Constitution requires the Nevada Legislature to provide for the establishment of a State University that is controlled by a Board of Regents whose duties are prescribed by law. (Nev. Const. Art. 11, § 4) Existing law establishes the Nevada System of Higher Education, which consists of the State University and certain other educational institutions, programs and operations. (NRS 396.020) Existing law authorizes the Board of Regents of the University of Nevada to prescribe the course of study for the System. (NRS 396.440) Existing law grants the Board of Regents the power to prescribe the standards of graduation. (NRS 396.550) This bill authorizes the Board of Regents to establish a course of study in financial literacy, for which a student of the System must pass a satisfactory examination to receive a certificate or diploma of graduation.