State Finals Testing Information Coming Soon.
“National Finals” will be a two-part process this year.
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.
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.
2019 STUDENT PRESENTATIONS
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
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.
$2,000 SCHOLARSHIP SHARED BY WINNING TEAM
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
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!