State Treasurer of Iowa

Treasurer Fitzgerald Encourages Financial Literacy with New Program

February 29, 2012

DES MOINES, Iowa – State Treasurer Michael L. Fitzgerald is getting the word out about a new program that will boost the financial literacy of Iowa’s high school students. The State Treasurer’s Office is partnering with the U.S. Department of the Treasury and the U.S. Department of Education to introduce the National Financial Capability Challenge, a program that focuses on helping students increase their financial knowledge. The Challenge, which runs from March 12 through April 13, is a free, voluntary online series of financial questions for high school students to check their knowledge of earning, spending, saving, borrowing, risk protection and more.

IA – State Treasurer Michael L. Fitzgerald is getting the word out about a new program that will boost the financial literacy of Iowa’s high school students. The State Treasurer’s Office is partnering with the U.S. Department of the Treasury and the U.S. Department of Education to introduce the National Financial Capability Challenge, a program that focuses on helping students increase their financial knowledge. The Challenge, which runs from March 12 through April 13, is a free, voluntary online series of financial questions for high school students to check their knowledge of earning, spending, saving, borrowing, risk protection and more.

"Financial literacy has always been one of my office’s most important initiatives, so I’m glad we were given the opportunity to help implement this program," said Fitzgerald. "The Challenge is a great opportunity for participating Iowa high schools. The test and the toolkit used to prepare for it are found online, making it easy to use, and the Challenge itself is quick – it only takes 30 minutes to take. Even though it doesn’t take much time to participate in the program, the lessons students learn from it will last them a lifetime. I encourage all high schools to take advantage of this opportunity."

Educators don’t need to be math or personal finance teachers to register their students to participate. To register, educators should visit www.challenge.treas.gov. After signing up, they are encouraged to help spread the word about the Challenge by using the tools provided through the website. After the program concludes, educators and top-scoring students in each school will earn personalized award certificates, and states with the highest participation will also be recognized.

For More Information:

Karen Austin, 515-281-7677, karen.austin@iowa.gov

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