Norristown Students Excel on National Financial Capabilities Challenge

According to Norristown Area High School business teacher John Brady, Norristown students have achieved some amazing results in the National Financial Capabilities Challenge put out by the U.S. Treasury Department and the U.S. Department of Education. Brady has administered this test in his classroom for the past 2 years. 

According to Brady, 16 students scored in the top 20% in the nation of the 80,024 students who took the test. Norristown scores exceeded the national average with our students averaging 72.3%, while the national average was only 69.2%.

Norristown students also outscored or tied the national average in every single category on the test as shown below:

Core Competency

Norristown Students' Average Score

National Average Score

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Earning

64.3%

64.3%

Earning

Spending

90.7%

82.5%

Spending

Saving and Investing

65.7%

62.9%

Saving and Investing

Borrowing

74.3%

70.7%

Borrowing

Protecting Against Risk

71.1%

70.4%

Protecting Against Risk

Overall Average

72.3%

69.2%

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Norristown students were also top performers at the state level, with the average for Pennsylvania students being 68% vs. Norristown’s 72.3%.

Som students even met the eligibility test for scholarship funds. Norristown students who scored in the top 10% nationally are eligible for a drawing to receive a $1,000 scholarship. There are 25 scholarhips being awarded and the drawing is scheduled to take place in the next few weeks. If any Norristown students win, the school also gets a $1,000 grant.