FinanceChallenge

Welcome to the 2020 Rhode Island Personal Finance Challenge

 
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The 2020 RI Finance Challenge is live now! The online testing period is April 6, 2020 - April 23, 2020.

Teachers may continue to log in and register new students and teams until the testing period ends on April 23.

Welcome! The 2020 Rhode Island Personal Finance Challenge is a wonderful opportunity for students to demonstrate their knowledge of personal finance by competing with other students from across the state in multiple-choice examinations.

This year, the Personal Finance Challenge is being offered in Rhode Island for the sixth consecutive year by the Rhode Island Council for Economic Education and Rhode Island Jump$tart Coalition, thanks to generous support from Fidelity Investments. 

Rhode Island's statewide Personal Finance Challenge will be conducted entirely online during the period April 6 - 23, 2020. There will be separate divisions for High School and Middle School students. Due to COVID-19 school closings this year, RI students will take the online Challenge at their homes durng the testing period under the supervision of a parent/guardian..

The 3 highest-scoring schools in each division will be awarded trophies. The news media will be notified about the students' accomplishments, and group photos will be taken with their teachers. An awards ceremony will be held at the RI State House in late May or June 2020 if there are no coronavirus restrictions in place at that time. If there are state/school restrictions that prevent an in-person awards ceremony from taking place then alternative arrangments will be made to ensure students are recognized, perhaps at a later date. .

In previous years, Rhode Island's top-scoring High School team represented our state at the National Personal Finance Challenge at the University of Nebraska Lincoln College of Business, located at 730 N. 14th Street, Lincoln, Nebraska. Check out this video on the National Personal Finance Challenge: https://www.youtube.com/watch?v=I4537LDkd30 However, due this year's coronavirus concerns and travel restrictions, we are waiting to receive more information from national officials about the timing and format of this year's Nationals.

Research has shown that student competitions increase student participation, promote attendance, and help students achieve higher grades and test scores. For teachers, the Challenge provides a useful tool to help encourage students and generate excitement for classroom materials.

Please register your students now for this exciting competition. Share the codes with them and encourage them to participate online under the supervision of their parents/guardians durng April 6-23. You will be able to log in and see their individual scores afterward. This is a great online activity for your students to work on during this period of K-12 distance learning in RI. 

Dr. Margaret Brooks, President

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