4t Nox Announces Its Fall 2010 Personal Financial Literacy Student Contest

OKLAHOMA CITY, Nov. 24, 2010 /PRNewswire/ -- 4t Nox today announced the opening of its Fall 2010 Personal Financial Literacy Student Contest "You're a Millionaire!"

Life Finances students will be competing to win cash prizes of up to $250 by submitting an essay, poster, or short video on the topic "Based upon the lessons you have learned in Life Finances, how would you use 1 million dollars?" Students will be judged on their use of strategic financial planning, the rationale supporting their decisions, and the creativity of their submissions.

High school students currently enrolled in Life Finances may submit entries to the Fall 2010 Personal Financial Literacy "You're a Millionaire!" Contest by submitting a 1-2 minute video, a 250-word essay, or a poster. Student submissions should be sent to [email protected] by Friday, December 10.

Winning entries will receive a $250 prize and will be featured on the 4t Nox website. Entries must be received by Friday, December 10.

"This contest gives our teachers and students another opportunity to work with the key lessons and principles of the Life Finances course," said Cheryl Price, Educational Consultant at 4t Nox.  

Students are encouraged to think through the real-life impact of their theoretical windfall. Taxes on the "free" money, the cost of insuring expensive purchases, and even having bank account balances above FDIC-insured limits are all potential factors that could be considered in planning an asset management strategy.

The Spring 2010 Personal Financial Literacy Contest winner, K.N. Warren, was awarded the top prize by submitting an exceptional essay on the "Benefits and Pitfalls of the Double-edged Sword of Debt."  

With a rapidly expanding student userbase for its Life Finances course, 4t Nox expects a significant increase in the number of contest entries. 4t Nox is also running a similar contest for college students who are taking the Life Finances personal financial literacy course through one of the company's partner institutions. The professors in charge of those courses have been notified of the contest, and interested college students should check with their instructors.

http://www.4tnox.com

About Life Finances

Life Finances is 4t Nox's premier, national award-winning personal financial literacy course for high school and college students. Targeted at Grades 9-14, Life Finances provides an engaging approach to online learning by blending a unique methodology with a rigorous curriculum. Life Finances complies with state financial literacy standards and is aligned with national standards. Life Finances' interactive presentation includes full-motion video, high-quality audio, and a cast of characters that leads students through the world of personal finance. Life Finances supports instructors with a teacher's dashboard which has robust student management features, standards-based reporting, and responsive customer support. Life Finances also includes student workbook documents and teacher guides that help teachers tailor the course to their classroom -- whether it's a blended, teacher-led presentation, or a teacher-monitored online-only course, Life Finances can fit into any classroom.

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE 4t Nox