Ten $500 awards that can be used towards educational costs at NOVA will be given away throughout the 2017-2018 academic year to randomly selected students who successfully complete Inceptia’s Financial Avenue courses online by the deadlines indicated below.  Courses only take about 45 minutes to complete and provide students with knowledge of key personal finance concepts and a customized action plan based on their financial goals.

Official CashContest Rules:

In order to be entered in the $500 drawings you should do the following:

  • Sign Up for Financial Avenue at by entering NOVA’s access code: FinLit
  • Provide your NOVA student email address (ending in during the registration process and provide your 7-digit NOVA student ID# when creating your new student account.
  • Log in to Financial Avenue as a student at using the username and password you created in the step above.
  • Under “Courses” on the left side of the webpage select the course you would like to complete.  Follow the prompts until you complete the course.
  • Complete the course with an average score of at least 70% by the deadline shown below to be entered into the CashContest drawing for that course.

–  The “College and Money” course must be completed before 11:59pm on October 15, 2017.

–  The “Future of Your Money” course must be completed before 11:59pm on December 17, 2017.

–  The “Spending and Borrowing” course must be completed before 11:59pm on March 6, 2018.

–  The “Loan Guidance” course must be completed before 11:59pm on May 1, 2018.

–  Complete all four courses listed above before 11:59pm on May 1, 2018 to be entered in the final comprehensive drawing.

  • You must be enrolled in at least three credits at NOVA during Fall 2017 to be entered in the “College and Money” and/or the “Future of Your Money” drawing. You must be enrolled in at least three credits at NOVA during Spring 2018 to be entered in the “Spending and Borrowing”, the “Loan Guidance” drawing and/or the final comprehensive drawing.


There will be two $500 drawings for each of the four courses shortly after the due date to randomly select students who meet the requirements outlined above.  There will also be a final comprehensive drawing to select two $500 winners who successfully completed all four courses before May 1, 2018.  Students who are selected to receive a $500 award will be notified via their NOVA student email account within 30 days after the deadline for completing the course.  Winners will also be asked to participate in an optional press release interview.

Since the Extended Learning Institute (ELI) is partially sponsoring the CashContest, students who successfully complete the courses will be divided into two groups depending on whether they are enrolled in at least three credits with ELI.  For each course and for the final comprehensive drawing, one student taking at least three credits with ELI and one other student will be randomly selected.

If the $500 award is applied toward a student’s NOVA account and if the student has a $0 balance at that time, then it will create a credit balance that is refunded in accordance with the College’s refund policies. Students may set up their refund preferences  Over-awards created by the additional award, though unlikely, would be resolved in the best interest of the student.

In total there will be five $500 awards offered to ELI students and five $500 grants offered to non-ELI students who successfully complete the Financial Avenue courses in accordance with the contest rules.

Please note that students are permitted to retake course quizzes and even an entire course if necessary to improve their average course score to at least 70% to be entered into the drawings. However, students will not receive multiple drawing entries for successfully completing a particular course more than once. This contest is open to all NOVA students who meet the requirements outlined above.  However, please note that NOVA faculty and staff who happen to be taking classes at NOVA are not eligible for the $500 drawings.  Odds of winning a $500 award will depend on how many students successfully complete each course. If you have any questions about the CashContest or the drawings, please contact the Financial Aid Support Center at 1-855-323-3199.

The courses that you may complete at to be entered in the 17-18 CashContest are highlighted below.


Thank you for checking out the new Financial Literacy Blog coordinated by the College Financial Aid Office!  We are excited about launching this new blog to help promote awareness of personal financial management topics that are very important for college students and their success!

We hope the resources provided on this blog inspire you to review your current financial situation and commit to certain actions that will improve your financial well-being.  For some students that may mean creating a budget, applying for financial aid, setting up a savings plan, thinking creatively about cutting expenses, or perhaps tackling credit card debt.    Whatever the case may be, we’re here for you!

We look forward to you sharing your thoughts, experiences, and advice on these topics as well!  Please don’t hesitate to leave us a comment!