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Georgetown native wins 2020 Treasurer’s Summer Challenge, $5,000 college scholarship

Treasurer Allison Ball and KY Saves 529 announced Donavan Shackleford, a Georgetown native, as the winner of the 2020 Treasurer’s Summer Challenge and recipient of a $5,000 college scholarship.

The financial literacy challenge, lasting through the month of July, consisted of five short online lessons and one capstone essay submission. Kentucky students 13-17 years old were encouraged to participate. Kentucky had more than 1,500 students participate. The winner and both runners-up are from Kentucky.

“I am so proud of our Kentucky students who blew the challenge out of the water and took the initiative to expand their knowledge. I am committed to expanding financial literacy in the Commonwealth and equipping our youth with the tools for financially empowered futures,” Ball said. “I am thrilled to see all three winning positions go to well-deserving students in Kentucky.”

Donavan Shackleford (left), winner of the 2020 Treasurer’s Summer Challenge, and Treasurer Allison Ball.

Ball is a champion for expanding financial literacy in the state. As many students undertake a virtual school year, equipping Kentucky students and educators with the resources to teach financial education is critical. Ball and the Kentucky Financial Empowerment Commission (KFEC) are working with education leaders across the state to roll out the new high school financial literacy requirement and provide educators with online resources to aid in financial education.

Ball, the Kentucky Higher Education Assistance Authority (KHEAA), and KY Saves 529 partnered with EverFi Inc. to bring the challenge to Kentucky students.

“What a great state-wide financial literacy program that over 1,500 young Kentuckians participated in this summer. The Financial Literacy Challenge was a successful partnership between Treasurer Ball’s office and KHEAA that produced a national essay winner from Kentucky,” KHEAA Executive Director Eugene P. Hutchins said.

The Treasurer’s Challenge was designed to engage students with fun, educational content that was self-paced and easily accessible from home. Topics included spending and saving, credit and debt, employment and income, investing, and insurance.

From Kentucky State Treasurer

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