ED Introduces the National Financial Capability Challenge

In December 2009, Secretary of Education Arne Duncan along with Treasury Secretary Timothy Geithner announced the National Financial Capability Challenge, an awards program for educators and high school students that aims to encourage the teaching of personal finance and to increase the financial knowledge and capability of high school aged youth across the United States so they can take control over their financial futures. Educators and top-scoring students in each school will earn personalized award certificates and states with the highest participation rates will also be recognized. Participation is free and the deadline to register for Challenge is March 14, 2010.

To reach their goal of getting one million high school students to take the Challenge by April 9, 2010, they are encouraging high school educators to take these steps:

  1. View the video message from Secretary Duncan
  2. Register for the Challenge by March 14th
  3. Recruit their colleagues to participate (flier available here)
  4. Prepare their students (using the free educator toolkit or their own resources)
  5. Administer the online exam one day between March 15th and April 9th
  6. Present official (printable) awards certificates to high-scoring students

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