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The National Financial Literacy Challenge is a new initiative of the President’s Advisory Council on Financial Literacy. The Challenge is a voluntary recognition program offered through the U.S. Department of the Treasury.

Tentatively scheduled for release on or about April 28, 2008, the Challenge will test the financial literacy levels of America’s high school students. The Challenge will be offered online, and will involve 35 questions on basic personal finance. It is estimated that the Challenge will take the average student 40-45 minutes to complete. In most instances, a computer lab will be required. Students scoring in the top 25th percentile of national scores will be eligible for recognition from the President’s Advisory Council on Financial Literacy.

If you are a high school teacher, you may sign up for the distribution list to learn more about the Challenge at: http://flc.treas.gov/.