Local High School Students Compete for Scholarship Cash

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BLOOMFIELD HILLS — The “Stock to Scholarship Challenge” provides Macomb, Oakland, and Wayne County high school students an opportunity to learn about personal finance while managing their own stock portfolio. College scholarship money is awarded to the three students who accumulate the most money in their individual accounts.

Here’s how it works: Each student is given access to an online personal stock market account seeded with $100,000 in “play money” to purchase stocks. The participants can trade stocks from their portfolio at will. The goal is to amass more money than the other contestants.

Participants have a chance to win scholarships to the college or university of their choice. One first place winner will receive $5,000, one second place winner will receive $2,000, and one third place winner will receive $1,000. Winners will have amassed the greatest wealth in their investment accounts. Contestant winners will be announced in May 2014.

Student registration is open now until Feb. 17. The contest begins on Feb. 18 and ends on April 25. To request register materials,  email us at: stocktoscholarshipchallenge@yahoo.com

Complete contest rules will be sent to every registered participant. To learn more visit:  facebook.com/stocktoscholarshipchallenge.