Sunday, April 27, 2008

National Financial Literacy Challenge

An initiative recommended by the President’s Advisory Council on Financial Literacy and sponsored by the U.S. Department of the Treasury, the National Financial Literacy Challenge measures the financial literacy of America’s high school students through a 35-question online test. Students will compete by taking the test April 28 through May 16.

Each of the top regional performers in the 2008 National Financial Literacy Challenge will win a $2,500 scholarship for use at the post-secondary institution of their choice. A $1,000 contribution in their name will additionally be given to the school or program that provided their money management education. Each winner and two guests will also enjoy a trip to Washington, D.C. The trip will include an awards banquet on June 17, official recognition at the June 18 meeting of the President’s Advisory Council on Financial Literacy, and special tours and activities.

The Challenge was developed by the U.S. Treasury in consultation with four non-governmental economists and the following education organizations: Jump$tart Coalition for Personal Financial Literacy, Junior Achievement USA, The National Council on Economic Education, and the National Endowment for Financial Education

For Additional Information: http://flc.treas.gov/teacher.aspx

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