Nebraska will host a national high school personal finance competition.
State Treasurer Don Stenberg says high school students from across the country will be in Lincoln May 11th at the new University of Nebraska College of Business to compete in the Personal Finance Challenge national competition.
Stenberg says Nebraska has done well in the competition.
“Last year was a great year for Nebraska,” Stenberg tells reporters during a news conference at the College of Business. “The winner of the state personal finance challenge was Arthur County High School, one of the smallest high schools in the state of Nebraska. They placed third in the national competition in Kansas City.”
More than one thousand from 43 Nebraska schools participated in the state spring Personal Finance Challenge.
This is the first time the national competition will be held on a university campus. It previously had been held in St. Louis and Kansas City. It is now in its 8th year.
College of Business Dean Kathy Farrell says such events provide an ideal time to show off the new complex and recruit high school students.
“When you have a brand-new facility that was very graciously provided by private support, it’s a game-changer for us and, like I said, the fact that you can actually house it here physically gives us an opportunity to interact with students and try to get them to put Nebraska on their radar,” Farrell says.
The Nebraska Educational Savings Trust will award NEST 529 college savings accounts to the national competition winners as well as winners of the state competition. First place winners will receive a $2,000 NEST 529 college savings account; 2nd place gets $1,000 accounts, 3rd place $500.