Students Compete For Scholarships During 'Financial Jeopardy'

PHILADELPHIA (CBS) - Nine high school seniors from throughout the Delaware Valley will be competing for college scholarships during a financial literacy event in Bucks County tonight.

TruMark Financial bills the event as Financial Jeopardy, a spin-off of the long running television quiz show that tests contestant's knowledge on a number of issues. But in this game, the students show off their smarts on financial topics like banking, credit and taxes.

TruMark Assistant Vice President of Community Relations, Randi Marmer, says the game creates awareness for financial literacy which is important for high schoolers to learn. "Unfortunately, they don't have the fundamentals of savings and managing their money and, as a result, we see a lot of young adults getting into financial problems."

The top three students will get scholarships ranging from five thousand dollars to one thousand dollars to help them get off on the proper financial footing as they leave high school and head to college.

Reported by Suburban Bureau Chief Brad Segall, KYW Newsradio 1060