A school district, charter school and university school for profoundly gifted pupils that participates in the State Seal of Financial Literacy Program established pursuant to NRS 388.596 must award a pupil, upon graduation from high school, a high school diploma with a State Seal of Financial Literacy if the pupil:
1. Earns at least a 3.25 grade point average, on a 4.0 grading scale, or a 3.85 weighted grade point average, on a grading scale approved by the Superintendent of Public Instruction if a different grading scale is used.
2. Demonstrates proficiency in financial literacy by earning:
(a) At least 3 credits in a subject area in which instruction on financial literacy is provided; and
(b) Either of the following:
(1) A grade of B or higher in a college-level course in which instruction on financial literacy is provided; or
(2) A score of gold or higher on the ACT National Career Readiness Certificate.