How will prize be paid?
The applicant with the winning entry will receive a cash scholarship of $10,000.00. If the winner is enrolled in an educational institution, the scholarship will be paid directly to the institution so far as is necessary to complete payment of the winners tuition, fees, and books and supplies expenses. Any remainder of the scholarship will be paid directly to the winner. Where the winner is a minor, the scholarship will be awarded to the winners parent or guardian, as custodian for the winner, or to his or her educational institution as above, if the parent or guardian so prefers. No substitution or transfer of prizes is permitted. Any taxes due are the sole responsibility of the winner and/or his or her parent or guardian. Prudent Publishing will issue an appropriate 1099 form to the winner (or his or her parent or guardian). Payment of awards will be contingent upon receipt of verification that the applicant meets all of the eligibility requirements.
