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State Finals Testing Information Coming Soon. 

We will be completing the State Finals online this year and will be using multiple choice questions instead of a case study.

“National Finals” will be a two-part process this year.

First, there will be a 30- question online round on May 1 for all state champions and opportunity zone finalists. Teams will be able to take their semi-finals at any time up until 4:00 ET on this day, but all members of the team must take them simultaneously.

The top 12 teams will then advance to the case study finals. Three of these 12 spots will be allocated to opportunity zone teams. The teams that will continue to the case study round will be informed by 6:00 pm ET that same day. We will also post finalists on the NPFC website.

The virtual case study round will take place on May 4. The format of the competition will be the same – just virtual instead of in Lincoln, NE.

Teams have two hours to prepare their response and their formal presentation.

They will have 15 minutes to present to judges, followed by 5 minutes of judge Q and A. There will be three sets of judges, each of which will see four teams. The first three teams to present will begin their preparation at 9 am ET and present at 11 am ET, with each subsequent set of teams starting every 30 minutes on a staggered basis.

Finalists: Each set of judges will choose one finalist from the teams they saw. At a set time, all teams will be on standby in a video chat room and we will announce the three finalist teams. These three teams will then present again to a new set of judges, who will determine third place, second place, and national champion. We will announce the final placement via video chat room.


January 2, 2020: Teacher registration opens

January 2, 2020 - April 1, 2020: Online Qualifier Window Open

April 1, 2020: State Finalist Teachers Notified

April 20, 2020: State Finals at the Federal Reserve - Detroit

May 4, 2020: National Finals at the University of Nebraska


Interested in implementing a Personal Finance Challenge Case Study as a culminating project in your classroom?

Classroom Implementation Guide

The Michigan Personal Finance Challenge is an opportunity for high school students to demonstrate their knowledge of Personal Finance by competing with other students across the state.

Every Michigan teacher will have the opportunity to have their students participate in the online qualifying round of the Personal Finance Challenge. The top teams from across Michigan will be invited to participate in a case study presentation during the State Finals competition at the Federal Reserve Bank of Chicago-Detroit Branch on April 20, 2020.


State Finals on April 20, 2020 will pit the top 20 teams in the state against one another. The top team from each of the eight regions will advance to the State Finals along with 12 at-large teams. The State Finals will be from 8:00am-2:00pm at the Federal Reserve Bank of Chicago-Detroit Branch. Students will begin the day participating in a Financial REALity fair conducted by Michigan credit unions. Breakfast, Lunch & light snacks will be provided. The State Finals are being held in conjunction with Money Smart Week.


2019 Chelsea High School
2018 Chelsea High School
2017 International Academy-Okma
2016 Lake Orion High School

4 photo(s) Updated on: Friday, April 19, 2019
  • 2018 State Champions
  • 2017 State Champions
  • 2016 State Champions
  • 2019 State Champions

The two teams with the highest scores after the case study will then compete for the state title in a fast-paced “Quiz Bowl” round. The fun does not stop there! The winner of the state title will travel to the University of Nebraska on May 4, 2020 to represent Michigan in the National Personal Finance Challenge to win more cash and prizes!


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Contact Information:
Michigan Council on Economic Education
41500 Gardenbrook
Novi, MI  48375

Office: 248.939.4995

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