| What is the Financial Literacy Challenge?
The Financial Literacy Challenge is an online quiz competition, powered by the Common Knowledge Scholarship Foundation and University of Florida Students in Free Enterprise Team. You can participate in the Challenge Round and the Championship Round and you can win scholarship money with NO Essays, NO GPA Requirements, and NO Financial Information required! See the Introductory Video.
How does the Challenge Round work?
The Challenge Round is an individual competition with 2 separate quizzes. Scholarships are awarded to the top 3 students who score the highest in the fastest time during the Challenge Round.
Who is eligible?
Every high school student in the United States
How long does it take to complete the quiz?
Students should read and take notes on all links provided in each of the sections. This should take 1-2 hours. Each quiz will have 15 questions and should take approximately 4-5 minutes to complete.
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How much money can I win in the Challenge Round?
The University of Florida Students in Free Enterprise Team will award the top 3 students based on accuracy and speed.
1st Place: $1000
2nd Place: $700
3rd Place: $300
The quizzes are based on time and accuracy. A low time with high accuracy is how you win.
What is the Championship Round?
Following the Challenge Round, students from the same school will participate in the State Championship Round. Schools with the highest overall scores will then participate in the National Championship Round. It is a fast, fun and easy way to be part of a team and win scholarship money for college. Read More
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