Tens of thousands of high school students from across the
country have already tested their knowledge about personal finance through the National Financial Capability Challenge
And this is the final week to take part! The voluntary online exam is
available to students through this Friday, April 13.
Here’s how it works:
Educators can sign up for free at challenge.treas.gov to administer
the Challenge to their students. It is a fun, free, and unique
opportunity to help prepare our nation’s students for financial independence.
- It’s quick. It takes
only about 30 minutes to administer the Challenge online, but the lessons
our students will learn in preparing will last a lifetime.
- It’s easy.
Comprehensive lesson plans and sample questions are available in the
online Educator Toolkit to help prepare students for the Challenge.
- It’s rewarding. Educators
and top-scoring students in each school will earn personalized award
certificates. States with the highest participation will also be
- Any high school educator
can do it. Even if you’re not a math or personal finance educator,
all educators of high school-aged children are encouraged to participate.
The annual Challenge, administered in conjunction with the
Department of Education, enhances students’ financial capability by
strengthening their understanding of saving, budgeting, and investing, among
other central personal financial concepts. From saving for college to
managing expenses like cell phones, the Challenge helps students learn about a
wide array of topics that together constitute a basic understanding of personal
finance. To learn more about the Challenge or to register for this year,
educators should visit Challenge.Treas.gov.
Melissa Koide is
Deputy Assistant Secretary of the Treasury for Financial Access, Financial
Education, and Consumer Protection.