Jamie McGrigor, Highlands & Islands MSP, is encouraging education and training organisations to back the Bank of Scotland’s Money for Life Challenge, a national competition for 16-24 year olds in further education, work-based learning, adult community learning, or training organisations.
The Challenge is delivered in Scotland by College Development Network and Young Scot.
With financial education a key part of the Curriculum for Excellence, the Challenge is another way for teams of young people to learn vital money management skills, whilst also helping to provide financial education to their communities.
The Challenge is supported by the Bank of Scotland, and seeks to find the most successful and innovative projects which young people can use to improve their money management skills - and those of their friends, families, and communities.
Teams of up to ten young people in further education, work-based learning, adult community learning, or a training organisation, can apply for a £500 grant to enter, with the support of an individual project sponsor from their learning provider. Teams have until Friday 22 November 2013 to enter the competition.
Scottish national finals will take place in April 2014, followed by a UK Grand Final in London on 15 May 2014 to select the overall competition winner.
Jamie McGrigor MSP commented:
“I am pleased that financial education is to become part of the national curriculum from next September, and I’d like to see education or community organisations in my region of the Highlands & Islands encourage teams of young people to take part in the Money for Life Challenge.
“It’s very important that young people in my region improve their financial skills and share their new knowledge with others in the community, and the Challenge is a great way to do this. Applications for this year’s competition are open until Friday 22 November 2013, and I look forward to hearing about the projects that will be proposed”.