Average Scores

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Table FL10. Average scores of U.S. 15-year-old public school students on the PISA financial literacy scale, by percentage of students in enrolled schools eligible for free or reduced-price lunch, based on principals' reports: 2015
Percent of students eligible for free or reduced-price lunch—United States	Average score		s.e.
U.S. average	487		3.8
Less than 10 percent	548	*	12.2
10 to 24.9 percent	542	*	6.3
25 to 49.9 percent	512	*	5.8
50 to 74.9 percent	470	*	5.6
75 percent or more	433	*	7.2
OECD average	489		1.1
Percent of students eligible for free or reduced-price lunch—Massachusetts	Average score		s.e.
Massachusetts average	523	*	6.7
U.S. average	487		3.8
Less than 10 percent	576	*	7.7
10 to 24.9 percent	547	*	8.1
25 to 49.9 percent	513	*	7.0
50 to 74.9 percent	499		5.3
75 percent or more	464		21.2
OECD average	489		1.1
Percent of students eligible for free or reduced-price lunch—North Carolina	Average score		s.e.
North Carolina average	496		5.5
U.S. average	487		3.8
Less than 10 percent	‡		†
10 to 24.9 percent	549	*	8.6
25 to 49.9 percent	505	*	6.1
50 to 74.9 percent	472	**	6.8
75 percent or more	426	*	9.0
OECD average	489		1.1

† Not applicable. ‡ Reporting standards not met due to coefficient of variation over 50 percent. * p<.05. Significantly different from both the U.S. and OECD averages at the05 level of statistical significance. ** p<.05. Significantly different from the U.S. average at the05 level of statistical significance. NOTE: Scores are reported on a scale from 0 to 1,000. The National School Lunch Program provides free or reduced-price lunch for students meeting certain income guidelines. The percentage of students receiving such lunch is an indicator of the socioeconomic level of families served by the school. Data in this table are based on principals' responses to a question in the school questionnaire that asked the approximate percentage of eligible students in the school during the previous school year. Free or reduced-price lunch data are for public schools only. The OECD average is the average of the national average scores of the 10 OECD member countries that participated in the financial literacy assessment, with each system weighted equally. Standard error is noted by s.e. SOURCE: Organization for Economic Cooperation and Development (OECD), Program for International Student Assessment (PISA), 2015.