Vermont high schools tested on financial literacy, $3,000 first prize

This is the seventh year that the Vermont State Treasurer’s Office has held the finance tournament for high schools to select a Vermont Treasury Cup Challenge champion. The purpose of the competition is to promote student interest in and knowledge of personal finance, economics and consumer affairs topics. Four-person student teams will compete against each other in a quiz-show style contest that tests individual and team knowledge. Prizes include: $500 college savings accounts for each member of the winning team (6 students for $3,000); $250 college savings accounts for each member of the 2nd place team (6 students for $1,500); the Champion wins the right to display the large gold traveling cup for one year; and individual student trophies for students on the 1st, 2nd and 3rd place teams. Our thanks to TD Bank for underwriting the event and VSAC for donating the college savings accounts.

It will take place from9am-3:30 pm, Friday,May 8, Pavilion Building auditorium, Montpelier. The Championship round is scheduled for3 p.m.For more information on the competition, go to:www.MoneyEd.Vermont.govand click on the link to the Treasury Cup. Call or email Lisa Helme for a complete schedule. This is a very visual event. We are happy to provide you with questions and answers as a teaser for your viewers/readers.

High schools participating in the competition this year are:

• Bellows Free Academy, coach Joe Emery, social studies

• Burr and Burton Academy, coach Jon Wilson, math/social studies

• Champlain Valley Union High School, coach Tamie-Jo Dickinson, business

• Essex High School, coach Charlie Burnett, social studies

• Green Mountain Union High School, coach Theresa Buskey, math

• Mt. Mansfield Union High School, coach David Alofsin, business/econ club sponsor

• South Burlington High School – DEFENDING CHAMPS, coach Eric Stone, math/science

• Stowe High School, coach Roger Murphy, personal finance/English/social studies

• U32 High School, coach George Cook, business

• Windham Regional Career Center, coach Maribeth Cornell, business

The Competition:

Teams will be placed in bracketed competitions the morning of the championship. The tournament is a ten team, double elimination competition. Each match includes a personal finance round, economics round and lightning round.

Schedule:

•9 a.m.Check-in Pavilion Auditorium. (starting game brackets drawn)

Teams compete in two separate rooms simultaneously- Snelling Room and Pavilion Auditorium.

•9:30 a.m.Preliminary competition (Match 1 SR & Match 2 Aud)

•10 a.m.Preliminary competition (Match 3 SR & Match 4 Aud)

•10:30 a.m.Preliminary competition (Match 5 SR & Match 6 Aud )

•11 a.m.Lunch at the State House

•NoonMatch 7 SR & Match 8 Aud

•12:30 p.m.Match 9 SR & Match 11 Aud

•1 p.m.Match 10 SR & Match 12 Aud

•1:30 p.m.Match 13 SR & Match 14 Aud

•2 p.m.Match 15 Aud & Match 16 SR

•2:30 p.m.Match 17 Aud

•3 p.m.Match 18 Aud – CHAMPIONSHIP

•3:30 p.m.Awards ceremony and iPad drawing

Source: Treasurer's Office. 4.30.2015