The Monmouth Regional Chamber of Commerce hosts the annual Team Challenge event for all six Freehold Regional High School District schools. The purpose of the Team Challenge is to provide local high school students with hands-on experience in team building, creative problem solving, and dealing with the ethical decision-making process within the context of real-world business problems. Using the Markkula Center for Applied Ethics framework from Santa Clara University, teams from the high schools explored business issues that have complex ethical implications.

The Chamber also offers participating students the chance to apply for a $500 scholarship. This year's recipients are Katrine Birkeland from Manalapan High School and Jonna Crocker from Howell High School. Both young ladies were recognized at a small reception on February 23, 2022, by Monmouth Regional Chamber members, state Senator Vin Gopal, and Freehold Regional High School District administrators.