All About It
What is a Math Auction?
A math auction has the same concept as any other auction. Using money to bid on items you want to own. Only in this auction the bidders will be the 8th grade students. The money will be auction dollars the students earn. The actual auction will be a silent auction held in May 2007. The auction coordinator, instead of actual auction dollars being issued to each student, will track the student’s earnings.
Why a Math Auction?
The concept of an auction is an effort to incorporate an incentive program that reinforces the basic skills of mathematics. Too often when students move on to complex concepts in mathematics they loose many of the basic skills. We are all familiar with the saying “if you don’t use it you loose it”. And besides, auctions are fun! The students will earn auction dollars during the second and third nine weeks. These dollars will be awarded from all academic subjects, which allows every student a wide variety of avenues to be successful. Students understand money. They know the more auction dollars they earn increases their opportunity to bid on a more valuable item. No certain curriculum is required or used. This will allow the opportunity for all academic teachers the benefit of supporting the auction in some way.
How does a Math Auction work?
Students were informed that we will are having an auction and of the details and procedures for earning auction dollars at the beginning of second nine weeks. The event in May will be done in the form of a silent auction. The students will have the opportunity to view the prize video and make their bids. All prizes are also displayed on the 8th grade hall on the wall by room 331.
How to earn the Auction Dollars?
Each student will have the opportunity to earn auction dollars according to the following details. The maximum a student can earn for the year will be $40,500. This will allow them to earn up to $20,250 during the second and third nine-week periods. The fourth nine weeks will be used to prepare for the event in May.
GRADES $3,625
FLEX DOLLARS $ 1,000
$4,625 X 4 (each academic class) = $18,500
ATTENDANCE $ 1,500 X 1 (awarded each nine weeks) = $ 1,500
Possible TOTAL each nine weeks (2nd and 3rd) = $20,000
Each student will be awarded auction dollars for their grades at the end of 2nd and 3rd nine weeks.
A - $3,625 B - $2,625 C - $1,750 D - $1,000 F – 0
Each student will be awarded auction dollars for maintaining a good attendance record. These points will be awarded each nine weeks according to the official school attendance record.
41 days – Perfect = $1,500 21 days - 25 days = $500
36 days – 40 days = $1,250 16 days - 20 days = $375
31 days - 35 days = $1,000 1 day - 15 days = $125
26 days - 30 days = $ 750
FLEX DOLLARS (awarded by each academic teacher)
Each student is awarded up to $1,000 auction dollars per nine weeks. Academic teachers informed the students of how these points are earned.
BONUS DOLLARS (selected by 8th grade teachers)
Each student that is honored with a Citizenship Award or recognized as Student of the Month will earn an additional $250 in auction dollars.
All students were issued a student record form entitled “My Auction Dollars” to use during the 2nd and 3rd nine weeks to track their earnings. If you cannot locate yours click here.
Remember “LEARN TO EARN” is the name of the game!