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College Scholarship Program Registration Continues

Scholarship Gives 20 Iowa High School Seniors Chance at $1,500

Feb. 09, 2015

Iowa high school seniors still have time to register for a scholarship that gives them a chance to win $1,500 for college expenses while learning important financial literacy skills.

High school seniors planning to attend college this fall may register for the Iowa Financial Know-How Challenge: Senior Scholarship until 4 p.m. Feb. 22 at Iowa Student Loan®. will award $1,500 scholarships to 20 students who complete two online financial literacy tutorials and score highest on a related assessment.

After registering for the scholarship at, students will receive emailed instructions for completing three online components. Two tutorials — Student Loan Game PlanSM and the ROCI Reality Check — were developed by Iowa Student Loan. A related multiple choice assessment will check students' understanding of the concepts in the tutorials.

The tutorials are designed to help students understand the consequences of college borrowing and discover how to maximize their return on college investment, or ROCI.

"In going through ROCI and Student Loan Game Plan, I can see the salaries out of college, crunch the numbers and see the steps I need to take in the future," said Derek Groathouse, one of last year's winners and a graduate of Waukee High School.

The 20 high school seniors who score highest on the assessment test will each receive a $1,500 scholarship sent directly to their colleges in fall 2015. If top-scoring students tie, tied students will be asked to write and be judged on a short essay so winners can be determined.

The Iowa Financial Know-How Challenge: Senior Scholarship is open to legal U.S. citizens who are permanent residents of Iowa; are seniors at an Iowa high school during the 2014 – 2015 school year; and attend college in fall 2015. It is a no-purchase-required program, and full rules and details are available at

Learn More

Students, parents and educators who are interested in learning more about the Iowa Financial Know-How Challenge: Senior Scholarship should visit or email

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Media Contact

Megan Garrett, Corporate Communications & Media Relations, (515) 273-7145,

Additional Resources

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