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Personal Finance Award - Changes

As part of our commitment to further develop the interactivity of our assessments, we have developed and released new assessments to support the Personal Finance Award.  These replace the assessments used in session 2010/11.

Note:  No paper versions of these assessments are available.

Differences from last year

2010/11

Assessment conditions: 60% overall pass mark

No of questions:     25 questions in Principles of Money

                           20 questions in Money Management

Question Types: Multiple Choice Question (MCQ) only

A limited number of formative questions available on SOLAR OpenAssess – www.sqasolar.org.uk/openassess

2011-onwards

Assessment conditions: 50% pass mark overall and each task requires a minimum pass of 50%

No of questions:  22 questions in Principles of Money

                        20 questions in Money Management

Question Types: Multiple Choice (MCQ), Multiple Response (MRQ), Matching, Gapfill, Drag and drop and Re-order

A range of new formative questions available on SOLAR OpenAssess including examples of all of the new question types  www.sqasolar.org.uk/openassess

If you have any questions about any aspect of this qualification then please contact mycentre@sqa.org.uk or tel: 0303 333 0330.