TOPEKA, Kan. (WIBW) – A Washburn Rural student receives a financial literacy scholarship for finishing top three in the financial literacy essay contest.
Kansas Insurance Commissioner Vicki Schmidt announced today, Friday, May 2, the overall winners of the essay contest sponsored by the Securities Division of the Kansas Department of Insurance.
The Department granted $10,000 each to three organizations for a financial literacy essay contest earlier this year. Jobs for America’s Graduates Kansas, Junior Achievement of Kansas, and the Kansas Council for Economic Education each entered a selection of essays from Kansas students who participated in their financial literacy programs offered in over 200 high schools across the state.
The students with the top three essays from each organization were awarded a share of $10,000 in scholarships. The first-place essay from each organization then advanced to compete for an overall contest winner and a share of an additional $10,000.
“This year’s winners showed strong understanding of investment fraud red flags and what steps to take to stop scammers,” said Schmidt. “Congratulations to all the winners this year, and I encourage them to use what they have learned to help others.”
The contest finalists and their awards are:
The winning students receive their scholarships in addition to the $5,000 scholarship they won in the first round of the contest. The students receive the award money in the form of a 529 savings account to use for the advancement of their education.
Previously announced winners from each participating organization can be found here.
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