Rules
The Rules
- Register as a teacher by clicking here.
- Once you have registered as a teacher, and have been approved by your state coordinator, you can begin to create student teams of three to four students per team.
- After creating the teams you will be given unique access codes for each student. Distribute these access codes to your students before they take their test.
- During the competition window, students can enter the Personal Finance Challenge website and complete a 30 question personal finance test. Each student will be given 35 minutes. The challenge cannot be paused. Students cannot skip or go back to questions. Questions are randomly pulled from the Council for Economic Education’s database so each student will answer different questions.
- Students are encouraged to take practice exams before starting the test.
- Students cannot use outside assistance during the test. Students inside of one team complete the test individually.
- Students should ensure a reliable internet connection before beginning the exam. Technical issues encountered by internet connectivity or user error cannot be remedied by the NJCEE.
- The winners of the New Jersey Personal Finance Challenge will be announced April 11, 2025.
Student Eligibility
Students must be enrolled in a NJ high school to participate in the high school competition (grades 9th-12th). For the middle school competition (grades 6th-8th), students must be enrolled a NJ middle school.
Team members must all be enrolled at the same school. Teams cannot be made up across multiple schools.
All team members must have a coach who is an employee of the team school. This person registers all team members and must be fit to accompany students if they advance to the national finals.
Scoring
The sum of the top three individual scores on each team make up the team score. The highest individual score possible is 300. The highest team score possible is 900.
Scoring on individual tests are as follows:
- +10 points for each correct answer
- 0 points for each incorrect answer
In the event of a tie between teams, the scores of the mean quiz time of the top three individual scores will be used to break the tie.