Upward Bound at Southern Vermont College Participates in the National Financial Capability Challenge

February 19, 2010

The Upward Bound Program at Southern Vermont College will be participating in the National Financial Capability Challenge program. This awards program is designed to increase the financial knowledge and capability of high school youth across the United States so they can take control over their financial futures. It challenges high school educators and other educators to teach the basics of personal finances to their students. The goal is for one million students to take the Challenge.

During the month of March, Upward Bound team members will be teaching students the basics of personal finances, outside of the classroom. On Saturday, April 3, students will take a voluntary online exam designed to illustrate the relevance of financial capability, and allow students to demonstrate what they have learned and access their financial knowledge. In April, educators and top-scoring students will receive award certificates, and schools and states with the highest participation rates will earn special distinction.

The recent economic crisis and the increasing complexity of financial systems makes it clear that strengthening the financial knowledge and skills of young people is critical to their future success. To better navigate financial futures and be prepared to make smart choices, students need to learn more about earning and spending, saving and investing, using credit wisely, avoiding fraud, paying for college and more.

For more information on the National Financial Capability Challenge, contact Director of Upward Bound Elizabeth Harris at 802-447-4665 or e-mail lharris@svc.edu.

Upward Bound at Southern Vermont College is a college preparatory program which helps students to develop the skills, motivation and self-confidence necessary for success in and beyond high school. Southern Vermont is one of more than 500 participating colleges around the country and has been the home of Upward Bound in the Bennington area since 1979.

Upward Bound is a program funded by the U.S. Department of Education. The Southern Vermont College Upward Bound program serves students in grades 9 to 12 from area high schools in New York, Vermont and Massachusetts.