Financial Literacy Scholarship

About the Scholarship

The Financial Literacy Scholarship rewards students for demonstrating what they know about personal finance. The contest encourages students to visit www.knowmoremoney.org and then quizzes them on financial literacy facts found on the site.

Eligibility

Open to all high school students in the U.S.

Award(s)

Challenge Round
Individual Winners
     1st Place – $ 1,000
     2nd Place – $700
     3rd Place – $300

National Championship
1st Place Team – $1,250 ($250 for each team member)

Quiz Dates

Challenge Round
Quiz 1: 10/7/09 – 10/21/09
Quiz 2: 10/14/09 – 10/21/09

Top school team from each county advances to State Championship

State Championship
10/28/09 – 11/4/09
Top school team from each state advances to National Championship

National Championship
11/11/09 – 11/18/09

Quiz Details

Participants register with the Common Knowledge Scholarship Foundation  and compete for scholarships by taking a series of online multiple-choice quizzes at the CKSF web site, www.cksf.org. The Financial Literacy Challenge Round consists of two quizzes that cover various financial literacy topics found on www.knowmoremoney.org. The high scorer from the Challenge Round receives a scholarship from the University of Florida Students In Free Enterprise (SIFE) student team.

Team Component

Based on the results from the Financial Literacy Challenge Round, the top scoring school team from each county advances to the State Championship. (A school’s team score is the cumulative total of the top 20 student scores). The top five students from each school are then advanced to the National Championship. Each student on the team that wins the National Championship receives a scholarship to the college or university of their choice.