Homeschooler Among Top Award Winners in Financial Literacy Challenge

July 24, 2008

In early May, the U.S. Treasury Department sent out information on the National Financial Literacy Challenge to schools nationwide. This online test, offered to all high school students in the U.S., sought to raise awareness of financial issues by testing young people on their knowledge of basic personal finance.


The Treasury Department actively worked with HSLDA to ensure that homeschooled students would be able to take this test.

As a result, many homeschoolers were among the 46,000-plus students nationwide who took part in this test. Students who were in the top 25th percentile of the national scores received recognition from the President’s Advisory Council on Financial Literacy. And, nearly 400 students, including many homeschoolers, earned the National Financial Literacy Award, a medal from U.S. Treasury. These students answered at least 94 percent of the questions correctly.

Thirty-five students nationwide earned perfect scores. Ten of these students were randomly chosen to be recognized by the President’s Advisory Council on Financial Literacy at its June 18 meeting in Washington, D.C., where they were awarded a college scholarship.

One of the top ten award winners was Nicholas Bruno, an 18-year-old homeschool student from Texas. Nicholas, his parents Mario and Theresa, and sisters, Kirstie and Carissa, came to our nation’s capital to receive the award and be recognized.

“We thank God for this opportunity he has given Nicholas and our family and pray we may all use it well to His glory,” said Theresa Bruno. “The Financial Literacy Challenge provides a reminder for parents to teach stewardship to their children.”

Nicholas agreed, telling HSLDA, “It is very important to learn about managing your finances responsibly—this knowledge is necessary throughout your life, whether buying a car, buying a house, paying for school, etc.”

“The Bible is the best of all books, for it is the word of God and teaches
us the way to be happy in this world and in the next. Continue therefore
to read it and to regulate your life by its precepts.”

– John Jay, First Chief Justice of the United States

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