The Mountain Times

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Upward Bound students score high on the National Financial Capability Challenge

Tens of thousands of high school students from across the country tested their knowledge about personal finance through the National Financial Capability Challenge.  The annual Challenge, administered in conjunction with the Department of Education and the US Department of the Treasury, enhances students' financial capability by strengthening their understanding of saving, budgeting, and investing, among other central personal financial concepts.  From saving for college to managing expenses like cell phones, the Challenge helps students learn about a wide array of topics that together constitute a basic understanding of personal finance.

Castleton Upward Bound seniors were enrolled in a personal finance program during this school year and took the Challenge on March 17, 2012.  The average score for the group was 78.2%, higher than the Vermont average of 77.7% and the US average of 69.2%.  In addition, two Castleton Upward Bound students scored in the top 20% in the nation, Morganne FitzGerald and Amanda Hill, both seniors at Rutland High School.

Upward Bound is a federally funded program at Castleton that offers challenging pre-college experiences to high school students of high academic potential from Fair Haven Union High School, Mill River Union High School, Poultney High School, Rutland High School and West Rutland High School. Its goal is to generate skills and motivation necessary for success in high school and college through a six-week summer residential program and an academic year component.

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