Depends from the school and the textbook. My math textbooks didn't even mention the Fibonacci sequence and it wasn't until Project Euler that I found out about it.
The golden ratio does not depend on the Fibonacci sequence, it depends on the recursion equation, and it's only ubiquitous if you add error margins of 10% or so so that it covers ratios like 3/2 and 7/4. Nautilus shells aren't described by the Fibonacci sequence, and the golden box isn't all that pretty.
It's a great and motivational story, but it's not the magic bullet some authors make it out to be.