Not only that, I think they will feel fulfilled because after learning about Bitcoin, they are now having it on their non-custodial wallet. I believe that motivation of giving a reward have huge impact on the interest in Bitcoin of those students
That's true, and these students are still kids. When something was given to them for free, they will never forget that and there will be thought on their minds about what was given to them. And from there, they'll try to learn what's it, how to withdraw or convert it into cash if ever they need it. But just as the others thought, I also wish that they won't sell it too quickly and wait until they're able to know how to use it or at least save it even if it's just a little amount. The important factor here is the practice that they'll learn from doing it.
some of those who receive free Bitcoins will keep them. and some will follow the directions for storing Bitcoin. but when they are free to use Bitcoin, of course, their choice will be more to sell their Bitcoin to buy something.
maybe teaching the kids to save a fraction of their money in Bitcoin would be more receptive to kids understanding. this is the first step to teach them to invest in Bitcoin.
That would really be what they do mostly if they are in need of money. They will learn how to sell it off, but if they learn that holding it could be times 3 or 4 in the future, but again, these are just kids and they want to buy candy and toys. For sure, they will sell it off, but again, it is a good start as they get exposed to it. It may not be now, but a few years later they will stumble upon bitcoin again, and let's say they will start their journey there.