The Maryland Personal Finance Challenge is an academic competition that provides high school students the opportunity to learn and then demonstrate knowledge and application of personal finance concepts during a one day academic competition. Student teams from high schools across the state compete with the excitement of an athletic competition to be recognized as the Maryland State Champion. The winning team is invited to represent Maryland at the National Personal Finance Challenge Competition. Teachers of economics, business, marketing, personal finance, and Science, Technology, Engineering and Math (STEM) are urged to participate. There are no registration fees so this makes a great class activity.
Visit the National Personal Finance Challenge website for information about How It Works on the national level.
Prizes and Recognition
All team members and their teacher/advisor receive a cash prize.First Place - $250, Second Place - $125, Third Place - $100, Fourth Place - $50
All student team members receive a cash prize and an all expense paid trip to Finals in NYC.
First Place - $2,000, Second Place - $1,000, Third Place $500, Fourth Place $250
The manual includes details about how the competition works, prizes, timeline and other details.
Find a comprehensive list of resources, practice tests and other preparation materials.
Watch a presentation, learn about scoring and hear comments from the judges.
This webinar series is presented by our partners, Dr. Julie Heath and Susan McNamara. Each episode features two one-hour sessions. Each session will cover one of the six National Standards for Financial Literacy, two lesson plans relating to that standard, and a tie-back of the lessons and learnings to the NPFC.
Get your students excited to participate. Show this 2020 Recap Video.
Coming Soon...Learn about the rules and regulations for participating at the national level.
Have your students test their knowledge by taking a practice test.
Maryland Personal Finance Challenge
National Personal Finance Challenge