Prizes: (20) A Twenty Thousand Dollar ($20,000) Scholarship Award (the "Scholarship Award"), payable as set forth in the Scholarship Awards Approximate Retail Value ("ARV") of each Prize is $20,000. Total ARV of all twenty (20) Prizes: $400,000.
- Rules of Scholarship
- Winners who are currently enrolled in college will receive their first year installment in October 2018.
- Winners who are not currently enrolled in college must enroll by fall term 2019 and access the award, or the award will be forfeit.
- Winners who are not able to use the award may transfer the Scholarship Award one time to another individual born on or before August 1, 2018 (“Designee”) by completing the required form within seven (7) dates of winner notification.
- Designees who are high school graduates must enroll in college and access the award according to the same rules as for Winners.
- Younger Designees who have not yet graduated from high school must enroll and start using their award within one year of high school graduation or the award will be forfeit.
- For each individual, any unused portion of the award will expire three years after award notification (September 2021), or for younger Designees three years after high school graduation. For the youngest possible Designee, the award will expire no later than September 30, 2038.