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Michigan Credit Union League

High School Personal Finance Challenge Online Round Open Until March 28

2017 HS Personal Finance Challenge ChampsWith funding from the Michigan Credit Union Foundation, Michigan credit unions are partnering with the Michigan Council on Economic Education to sponsor the 2018 Michigan Personal Finance Challenge. The initiative provides an opportunity for high school students to advance and demonstrate their knowledge of personal finance by competing with other students across Michigan and nationwide. Registration is now open and students may participate in the online qualifying round any time until March 28. The first 20 teachers to register and have at least 30 students take the online qualification test will receive a $50 Amazon gift card.

The top schools from across all eight regions of Michigan and 12 at-large teams will be invited to participate in a case study presentation for the State Finals competition at the Federal Reserve Bank of Chicago — Detroit Branch. Students will take on the role of financial planner to analyze a fictitious family scenario and present their recommendations to a panel of judges. The winning student team in Michigan will be awarded a $2,000 Michigan Education Savings Program (MESP) scholarship and all-expense paid trip to the national finals in May. Attendees at the State Finals will put personal finance concepts into action during a Financial Reality Fair conducted by Michigan credit unions.

Credit unions are encouraged to inform community high school teachers of this opportunity and encourage participation. Full information for the Personal Finance Challenge is available here, including a resource guide to help teachers and credit union educators prepare students for the challenge.

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2018-03-09 00:00:00