Stow College

National Competition for 16–24 year Old Students

Scotland's Colleges are delighted to announce the launch of the Money for Life Challenge.

The Challenge, funded by Lloyds Banking Group, is a national competition for 16–24 year old students in further education, work-based learning or adult community learning partner organisations. It provides a fun way to learn vital money management skills, whilst also positively impacting on the financial education of communities.

The Challenge is an important tool in promoting financial capability and money skills, and Scotland's Colleges are keen to generate participation amongst young people in your constituency.  

Money for Life is a £4m financial capability and personal money skills programme, funded by Lloyds Banking Group and delivered in Scotland by Scotland’s Colleges.  The programme seeks to embed vital money management skills in Further Education (FE) sector institutions or community groups.  In addition to the Challenge, Lloyds Banking Group is also providing 1,400 free training places this year leading to two qualifications in financial education called ‘Teach Me’ and ‘Teach Others’. Organisations in your constituency are eligible for these training places.  Further information can be found at www.moneyforlifeprogramme.org.uk.

If you have any queries regarding the Challenge, or the wider Money for Life Programme, please do not hesitate to contact either Helen Cormack from Scottish Colleges on 01786 892000, or Ewan Mcculloch at Lloyds Banking Group, on 0131 655 5319.