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Friday, May 13, 2011

Washington High School Students Score Higher Than the National Average On Financial Capability Exam

Results from the 2011 National Financial Capability Challenge are in and Washington high school students scored higher than the national average.

The National Financial Capability Challenge is an awards program designed to increase the financial knowledge and capability of high school aged youth across the United States so they can take control over their financial futures. It challenges high school teachers and other educators to teach the basics of personal finance to their students, and rewards students, educators, schools, and states for their participation and their success.


Students take an online exam to assess their learning. It took the average student less than 30 minutes to complete.

Washington results:
  • State average score: 71.43% (69% nationally)
  • Number of participating students in the state: 1,830 (84,372 nationally)
  • Number of perfect scores: 16 (563 nationally)
  • Number of students who scored in the top 20%: 449 (18,192 nationally)
  • Number of participating public (NCES) schools in the state: 36 (1,691 nationally)
  • Number of other organizations participating (home schools, after-school programs, youth groups, etc.): 12 (472 nationally)
  • Number of participating educators in the state: 53 (2,517 nationally)
 For more information on the program, visit http://www.challenge.treas.gov/.