April 18, 2022 at 1:54 p.m.
The contest is a joint project of the Wisconsin Department of Financial Institutions (DFI) and the Wisconsin Coalition on Student Debt.
"Graduating high school seniors from across Wisconsin were encouraged to write essays about how they plan to finance their college education for a chance to win a $1,000 Edvest gift certificate scholarship," contest organizers said in a press release. "Members of the Coalition reviewed and scored the 152 essay submissions based on criteria including identifying funding sources for college and explaining how to manage student loan debt."
"These students have shown us through their winning essay submissions that they have developed plans to pay for college and manage potential student loan debt," said DFI Secretary-designee Cheryll Olson-Collins. "We applaud these deserving students for all they have done, and we encourage them to continue building their financial literacy skills as they continue their education."
The Wisconsin Money Smart Essay Contest was sponsored by the Coalition, the DFI, Edvest, Ascendium Education Group, Educators Credit Union, SecureFutures, Summit Credit Union, and UW Credit Union. The Coalition is backed by more than 30 other organizations that share one common agenda - helping Wisconsin residents become debt smart and financially stable.
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