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St. Clair, MI - Seventeen-year-old Sean Lawrence earned a $120,000 college scholarship through a financial literacy program that rewards high school students for mastering personal finance. The St. Clair, Michigan, senior was deemed “most real- world ready” out of more than 93,000 high school students — from 5,621 U.S. classrooms — that competed in the budgeting simulation during this school year.
The scholarship was presented at St. Clair High School during a school celebration. It came as a surprise to Lawrence, who thought he was receiving a $20,000 scholarship awarded to financially savvy teens nationwide through the H&R Block Budget Challenge. After his $20,000 scholarship was presented, Lawrence got a shock when he learned he was actually the competition’s top winner, receiving a grand total of $120,000. Lawrence’s mastery of personal finance knowledge, behavior and skills during the simulation earned him the honor.