National Financial Capability Challenge
Give your students a test that can really pay off
This year, more than 80,000 students took the National Financial Capability Challenge between March 12 and April 13. The national average was 69% with a total of 583 students earning a perfect score.
The Challenge is a voluntary online test of personal finance knowledge sponsored by the U.S. Department of Treasury. It is intended to gauge how much American high-school students know about managing money.
Learn more and sign up to be notified about the next Challenge at .
Students can win scholarships and school grants
Charles Schwab Foundation is proud to honor students who excel on the National Financial Capability Challenge. High-scoring students are eligible for $1,000 scholarships and $1,000 grants for their schools.
How scholarship winners are selected:
Charles Schwab Foundation awards scholarships of $1,000 each to 20 students selected by lottery from among the top 10 percent highest-scoring students nationally. In addition, five $1,000 scholarships go to students who score in the top 10 percent among all participating students who attend low-income public schools.
Grants for schools:
To recognize the critical role educators play in preparing America's youth for lifelong financial well-being, Charles Schwab Foundation also awards grants of $1,000 to the schools or organizations that contributed to each winning student’s financial education.
The scholarship awards are sponsored by Charles Schwab Foundation in consultation with the Office of Financial Education, Department of the Treasury. Charles Schwab Foundation is a nonprofit public benefit corporation, classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is a part of neither Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Employees of Charles Schwab Foundation and The Charles Schwab Corporation, as well as their immediate family members, are ineligible for the awards or scholarships.
The information on this website is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner or investment manager.