Announcing the first-ever Illinois Personal Finance Challenge - Spring 2009

Personal finance teachers, here’s an opportunity to:

1. recognize students who demonstrate high levels of comprehension and application of personal finance concepts and skills;
2. engage students more fully in their learning;
3. assess how well your students are meeting the state mandate; and
4. provide an exciting academic competition activity for your students.

Sponsors

The Illinois Council on Economic Education, in conjunction with its Centers for Economic Education throughout the state, with support from the Federal Reserve banks of Chicago and St. Louis; endorsed by Illinois State Treasurer Alexi Giannoulias

The Competition

1. Preliminary Round—Teams of high school students, four students per team, take an online test of 30 questions. Qualifying teams advance to the next level.
2. State Championship—Twenty teams attend the state competition in Chicago to determine the two finalists through a series of written tests . The two finalists compete in a quiz bowl to determine the state champion team.

Awards

First place
Each of the four team members and their teacher/sponsor receive $500 Series I U.S. Savings Bonds, medals and a school trophy.

Second place
Each of the four team members and their teacher/sponsor receive $250 Series I U.S. Savings Bonds and medals.

All 20 state championship teams
Each participant receives an Illinois Personal Finance Challenge T-shirt and a certificate of recognition.

All participants (including online preliminary round)
All schools participating receive a certificate of recognition.

For more information, go to www.econed-il.org/icee/ipfc.shtml.