Mount Michael Sophomore Jimmy Severa, has been awarded a $20,000 scholarship through the H&R Block Budget Challenge a free, interactive, real-life simulation personal financial education program that rewards students for mastering real-world budgeting and personal finance decision-making. Jimmy Severa is 1 of 66 winners nationwide he place 2nd nationally in the simulation in which he partook.
Now in its second year, the H&R Block Budget Challenge works by replicating an adult’s financial life, requiring students to pay virtual bills, save for retirement and repay student loans, all from the safety of a classroom. Students from across the nation who participate in this virtual program compete for $3 million in college scholarships and classroom grants.
Mount Michael is very proud of Jimmy for being among the top performers in the country in the H&R Block Budget Challenge. Financial management skills are so crucial — especially for teens who are entering the ‘real world. We’re thankful for resources like the H&R Block Budget Challenge that help teach students to take control of their financial future.
This school year nearly 155,000 students are participating in the program, bringing the two-year participant total to almost 250,000 high school students from all 50 states. By the end of May, H&R Block will have awarded more than $6 million in grants and scholarships through the H&R Block Budget Challenge program.
Jimmy is the son of Drs. James and Julie Otten Severa of Omaha and attended St. Cecilia and St. Pius/St. Leo for grade school and junior high. Jimmy's Economics teacher is Holly Toft.