On Friday, June 10th, Working in Support of Education (w!se) hosted its annual Scholars’ Reception to honor high school students who earned a score of 95% or higher on w!se’s 2015-16 national standardized Financial Literacy Certification Test. The Test is administered nationally each year in high schools that participate in w!se’s Financial Literacy Certification program.
The Reception was held at the Museum of American Finance in New York City. Students received w!se’s National Scholars Award for their outstanding achievement; those who earned a perfect 100% score on the Test also received the “Centurion’s Honor Cord.” Featured speakers included Judy Chapa, VP of Corporate Social Responsibility, Financial Services Roundtable and Heather Dougherty, Regional Financial Sales Leader, Allstate Insurance. Lisa E. Solomon, Founder & CEO of Social Entrepreneurs Intl., received the Award for Extraordinary Service. Rey Familia, a senior at the High School of Economics and Finance, received the Lisa E. Solomon Financial Literacy Award.
“These financial literacy scholars deserve a round of applause for their exceptional achievement on our certification test,” said w!se President & CEO Phyllis Frankfort Perillo. “All high school students need to be prepared for their financial lives.”
Two of this year’s Scholars, Gillian Guss from Indian Hills High School in NJ and Justin Genao from Aviation High School in New York also shared their experiences with how the w!se program has affected their own money habits.
Since the program’s inception in 2003, less than five percent of participants have been named National Scholars, further emphasizing the significance of earning a score of 95% or better on the Test.