SECTION 1: GENERAL RULES

Beginning on Wednesday, September 1, 2023 and running through Friday, July 15th, 2024.

From Wednesday, September 1, 2023 through Friday, July 15, 2024 (the scholarship “Contest Entry Period”), Money Fit by DRS, Inc. will host a scholarship contest in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia.

Only one entry per student is permitted. Entries that are incomplete, are submitted late, do not answer all required questions, contain information other than as requested, or otherwise do not comply with these Official Rules and Regulations will be automatically disqualified. By entering the Scholarship Contest, entrants agree that Money Fit by DRS, Inc. will own and administer 100% of the copyright in all entries submitted, with the perpetual right to use such entries, and that said entries are solely the work of the entrant for whom they are submitting an entry. Money Fit by DRS, Inc. may edit for grammar, modify for style only, and distribute the submitted entries with no additional notification or permission of the entrant. Entries will only be used to further the educational mission and goals of Money Fit by DRS, Inc.

To enter, eligible students (see Section 2 for eligibility requirements) must access the application website and complete the survey following the Submission Guidelines as detailed in Section III. We will not accept or consider entries that are mailed or emailed. As further detailed in Section 7, entrants agree to accept and be bound by all terms of these Official Rules and Regulations and to accept and be bound by the decisions of Money Fit by DRS, Inc., whose decisions are final with respect to all matters of the Contest.

SECTION 2: ELIGIBILITY

The Scholarship Contest is open to all United States citizens or legal residents, who reside in the United States and have permanent residence in a state listed in section one and who are students who are no older than 20 and no younger than 16 as of the deadline of the Scholarship Contest Period who (1) attend school in the United States, and (2) who are in or enrolled in grades 9 -12 or are enrolled full-time (12 or more semester credit hours) in the first or second years of college that are attending public, private, religious, or charter schools, or (3) are enrolled in a GED or correspondence school program, or (4) are attending a home school program in the equivalent grades listed under (2). 

Employees of Money Fit by DRS, Inc. and their family members are ineligible. Scholarship judges and their family members are also ineligible.

SECTION 3: SUBMISSION GUIDELINES

Each submission must include answers to the 20 multiple-choice questions and must be submitted by 11:59 PM HST on July 15, 2024. Only online submissions will be accepted for the contest. Answers are required but have no influence on your eligibility or on your chances of winning.

SECTION 4: DRAWING AND TIMING

After the Contest Period, Money Fit by DRS, Inc. will use a digitally randomized program to select the prize winner. Entries will be evaluated based on eligibility. Applicants with multiple entries will be disqualified and eliminated from the drawing. The Winner will be announced on the contest site on or before August 1st, 2024. 

Money Fit by DRS, Inc. reserves the right in their sole administration of the Contest to disqualify any individual they find or believe to: (i) be tampering with the entry process or the administration of the Contest, or (ii) be acting in violation of these Official Rules and Regulations. 

The selection of the randomizing program is within the sole and absolute discretion of Money Fit by DRS, Inc. The program selected by Money Fit by DRS, Inc. will not have a direct connection to anyone in a position to affect the objectivity and impartiality of the contest.

SECTION 5: AWARD

Winners will be announced on the contest site on or before August 1st, 2024. Winners must provide publicity photos, contact information, and school information in order to receive prize money. Winners will receive the following prize based on the selection process as outlined in Section 4. 

Cash prize for Winner of Money Fit by DRS, Inc. Scholarship Contest

One Winner Will Be Selected and Announced by 8/1/2024

Grand Prize Scholarship Award – $1,000

The prize will be awarded within three (3) months of the announcement of the Contest winner. Prize not claimed within 180 days of the check date or the end of the Contest announcement date will be void. Money Fit by DRS, Inc. will make its best effort to mail the prize to the winner and is not responsible for incorrect address provided by the contestant. A valid United States address, within a state listed in Section 1 is required for delivery, via certified mail, of the scholarship prize-winnings. All entrants are solely responsible for understanding and complying with any and all federal, state, and local laws, codes, regulations, and ordinances that may apply to the entrants and the activities or business in which such entrants may engage. Since scholarship funds are dispersed directly to the winner, there may be tax consequences associated with the prizes and income received by the Contest winner, which may include, without limitation, an obligation to report as income and to pay taxes on such income to federal, state, or local authorities. The Contest winner is responsible for determining the tax consequences of the income received and complying with all applicable laws in all respects. The contest winner is solely responsible for understanding and complying with any and all federal, state, and local laws, codes, regulations, and ordinances.

SECTION 6: PRIVACY STATEMENT

Upon submission of an entry, the submission becomes the property of Money Fit by DRS, Inc. By entering the Contest, entrants grant Money Fit by DRS, Inc. the right, unless prohibited by law, to use their initials (First and Last), cities and states of residence, without compensation, for the express purpose of advertising and publicity of Money Fit by DRS, Inc. and the Contest in any and all media, now or after. Entrants also grant Money Fit by DRS, Inc. permission to use their initials (First and Last), cities and states of residence and entry submission to further its educational mission as stated here. The Privacy Policy of Money Fit by DRS, Inc. also applies to this Scholarship Contest. The Privacy Policy can be found here: moneyfit.org/privacy-policy-and-disclosures. 

SECTION 7: AVAILABILITY DISCLAIMER

The administration of the Contest, including, without limitation, determining the eligibility of a student or entry, selecting of a drawing program, evaluating any submitted entry, and awarding of the prizes, is within the sole and absolute discretion of Money Fit by DRS, Inc. No student or parent or teacher, or person or organization related thereto, has a right to appeal, contest, dispute, or otherwise challenge any aspect of the administration of the Contest, and any decision of Money Fit by DRS, Inc. is final in all respects. 

Money Fit by DRS, Inc. assumes no responsibility for incorrect or inaccurate entry information whether caused by any of the equipment or programming associated with or utilized by this contest or by any human error which may occur in the processing of entries into this Contest. Money Fit by DRS, Inc. is not responsible for lost, late, misdirected, or delayed entries or any problems or technical malfunctions of any telephone network or lines, computer online systems, servers or providers, computer equipment, software, failure of players on account of technical problems, or traffic congestion on the Internet or at any website or combination thereof. 

If, for any reason, the Contest is not capable of running as planned, including infection by computer virus, malware, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of Money Fit by DRS, Inc., which corrupt or affect the administration, security, fairness, integrity or proper conduct of this contest or for any reason Money Fit by DRS, Inc. deems it necessary, Money Fit by DRS, Inc. reserves the right to cancel, modify, or delay the Contest. 

SECTION 8: NONDISCRIMINATION POLICY

In administering the Contest, Money Fit by DRS, Inc. will not discriminate in any manner, including on the basis of race, gender, color, nationality, ethnicity, or place of origin.