Gov. Terry E. Branstad, Lt. Gov. Kim Reynolds and Iowa Student Loan
leaders, Friday, recognized 20 Iowa high school seniors who each won a $1,500 college scholarship through participation in the Iowa Financial Know-How Challenge: Senior Scholarship, administered by Iowa Student Loan. The high school seniors from across the state were recognized in a special award ceremony at the John and Mary Pappajohn Education Center. Among the winners of Iowa Student Loan’s 2015 Iowa Financial Know-How Challenge – Senior Scholarship, was Hannah Grizzle, who attends the Guthrie Center High School.

This was the second year Iowa Student Loan offered the Iowa Financial Know-How
Challenge: Senior Scholarship, which provided Iowa high school seniors the chance to
win $1,500 for college while learning important financial literacy skills.

Between December 2014 and February 2015, registered high school seniors were asked to complete two online financial literacy tutorials which Iowa Student Loan developed to help students understand the consequences of college borrowing and discover how to maximize their return on college investment, or ROCI. In addition, scholarship contenders were required to take an online financial literacy assessment test. The 20 winners were those who scored highest on the assessment or, in the case of a tie for top scores, received the highest scores on an independently judged essay.