Welcome to the Governor's Challenge - FinanceChallenge ONLINE competition!

There is no cost to either teachers or students to participate in the Governor's Challenge - FinanceChallenge ONLINE!

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The Virginia Governor's Challenge is an opportunity for students to demonstrate their knowledge of personal finance and economic literacy by competing with other students across the state. Teams of three to four students complete online exams that may qualify them for an exciting championship competition.


All high school students are eligible. No formal courses in personal finance are required. Any team of students interested in personal finance is encouraged to compete. Schools may enter multiple teams in their qualifying divisions. Students not currently enrolled in a qualifying course may participate, as long as they are coached by a school-sanctioned teacher and registered by the teacher.


Registration begins January 1, 2019. Once registered, teachers will be able to create their student teams. Teams of four are recommended.

Online competition begins March 1, 2019. Once it begins, students from around the Commonwealth will be able to demonstrate their financial literacy through an online rapid fire exam.

Teams must complete their tests before 3pm on March 12, 2019.

Each team member will have 35 minutes to complete a 30-question online exam.

The winning high school team in each division of 8 regions will be acknowledged and awarded a trophy. Regions are based on the regional study groups set by the Virginia Department of Education and one region for multidivision online teams.

Championship Competition: Up to 12 teams will be invited to participate in the Championship competition held in Richmond, April 11, 2019. Regional winners in the Online Challenge as well as the top scoring teams (not to exceed one team per teacher in that division) will be invited. In the Personal Finance division, students will prepare a presentation in advance providing advice based on a case study. Click HERE to go to the Case Study information page.

Students competing in the FinanceChallenge Online may also participate in the EconChallenge Online competition. Click HERE to go to the EconChallenge Online site.