Financial Literacy Scholarship Open to High School Students Nationwide Now Through October 21 Revolutionary Opportunity to Win $1250 in Team Scholarship Money

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The Common Knowledge Scholarship Foundation announces the Financial Literacy Team Scholarship. A new concept in scholarships that allow students to form a team and help one another win scholarship money for college. There are no essays, GPA requirements or financial background checks. The scholarship is free and now available to all high school students in the United States at http://www.cksf.org. The deadline to compete is midnight Eastern time October 26, 2009.

Now through October 21, the Financial Literacy Scholarship, administered by the Common Knowledge Scholarship Foundation (CKSF), rewards high school students for their financial knowledge. CKSF will award the winning Financial Literacy Scholarship high school team the National Championship Trophy and a total of $1,250 - each of the five winning team members will receive a $250 scholarship to his or her chosen college. The Financial Literacy Scholarship is one of the revolutionary "team scholarships" in CKSF's growing list of nontraditional scholarship programs

Like CKSF's other scholarships, the Financial Literacy Scholarship will be administered through online quizzes. Participants will be required to answer financial questions based on information found on the scholarship sponsors' website: http://www.knowmoremoney.org. There are three rounds in the Financial Literacy Scholarship: the Financial Literacy Challenge Round, the State Championship, and the National Championship.

Interested high school students can begin by registering on the CKSF website, http://www.cksf.org. When students register, they will automatically become part of their high school's team. Each high school will be ranked based on the sum of their top 20 student scores and the top schools from each round will advance. All high school students with valid United States mailing addresses are eligible to participate. Students must register and participate by October 21, 2009.

The Financial Literacy Scholarship is sponsored in part by The University of Florida's Students In Free Enterprise (SIFE) student team. As an added bonus to the team-based competition, SIFE will award scholarship prizes to the individual competitors who win the scholarship competition's first round. Competitors are advanced throughout the competition only as teams; although individuals not part of a larger high school team may win the first round prizes, they will not advance beyond the first round. In the second and third rounds, students win only as teams.

CKSF founder and president Daryl Hulce, explains, "With traditional scholarships, a student decreases his or her chance of winning by sharing contest information. But with team scholarships, the only way to win is by helping others to be successful and win, an important quality we hope extends to these student's adult lives. This is what makes team scholarships revolutionary in the scholarship world."

Common Knowledge Scholarship Foundation (CKSF) administers this educational program, and many others, with the mission to create educational and scholarship opportunities in which participants of all levels have a fair and equal chance to participate and be successful. Developed and administered at Nova Southeastern University through the Fischler School of Education and Human Services, CKSF recognizes winners and awards scholarships through the use of internet-based quiz competitions which can be accessed through http://www.CKSF.org. Since its first scholarship program in 2000, CKSF has developed a wide variety of scholarship and academic enrichment programs for students of all ages. Today, CKSF administers several new contests each month and is growing at a rate of approximately 1,000 new students per day.

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