Award Amount: Up to $10,000
Does it seem like your student loan debt has taken over the reins of your financial life, making it impossible to hit that next life goal or treat yo’self how you want? Well, there’s a light at the end of the tunnel. MoneySolver is offering four chances each year to win $10,000 to help pay down your student loan debt!
Imagine life without student loan payments (amazing, right?). You could finally afford a place of your own, buy that new SUV you’ve been eyeing, or start ticking off those items on your bucket list. The possibilities are practically endless. So, we want to know – “If you no longer had to pay off your student loans, what would you do with all that extra money?”
You may apply once per quarter. The application deadline dates are as follows:
- Q1 – March 31
- Q2 – June 30
- Q3 – September 30
- Q4 – December 31
There are two options to submit your response: “If you no longer had to pay off your student loans, what would you do with all that extra money?”
An essay (250 words or less) OR
YouTube video (60 seconds or less)
For the video option, please be sure that you follow these guidelines:
- Use MoneySolver #PayMyStudentLoans in the title
- Include moneysolver & paymystudentloans in the tags
- Set your video to “public”
- Copy the video URL and include it in your application below
- Save a copy of the original file (applicants must provide a copy to MoneySolver upon request)
- Be eighteen (18) years of age or older at the time of application.
- Be legal residents of the fifty (50) United States or the District of Columbia.
- Be currently or previously enrolled in an accredited post-secondary institution of higher learning (college, university or trade school).
- APPLICANTS MUST HAVE STUDENT LOAN DEBT
Submit Your Application:
All fields are required.
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NO PURCHASE IS NECESSARY TO ENTER OR WIN THIS SKILL CONTEST. A PURCHASE WILL NOT INCREASE YOUR ABILITY TO WIN.
The MoneySolver $10,000 #PayMyStudentLoans Contest (“Contest”) is open only to those legal residents of the fifty (50) United States and the District of Columbia who are eighteen (18) years of age or older at the time of application and who are currently enrolled (undergraduate, master’s or doctorate programs) or were previously enrolled in an accredited post-secondary institution of higher learning (college, university or trade school). Current employees, officers, directors and agents of Sponsor and its related companies and members of their immediate families (defined as spouse, parents, siblings and children) and persons residing at the same address are not eligible to win. Void where prohibited.
- HOW TO ENTER:
To enter, applicants must submit a complete contest Application online at the Sponsor’s Website (https://www.moneysolver.org/contests/pay-my-student-loans/) no later than 11:59 pm Eastern Time on the deadline date of the quarter to which they are applying (March 31, June 30, September 30 & December 31). Limit one (1) Application per person per quarter. Application must include name and contact information, background details, and an essay (250 words or less) or 60-second video that addresses the contest topic, “If you no longer had to pay off your student loans, what would you do with all that extra money?” The essay must be written in English, with correct spelling and grammar, and it must not exceed two-hundred fifty (250) words. Video submissions must follow all posted guidelines listed on the scholarship landing page (https://www.moneysolver.org/contests/pay-my-student-loans/). Once the essay or video is submitted, no changes or substitutions will be allowed. Submissions that are obscene, pornographic, libelous, or do not follow the contest guidelines will be disqualified. All Applications become the property of the Sponsor and will not be returned. Sponsor assumes no responsibility for lost, late, misdirected, or unintelligible Applications. By submitting an Application, you fully and unconditionally accept and agree to these Official Rules and the decisions of Sponsor, which are final and binding.
- SELECTION OF POTENTIAL WINNERS:
Sponsor is looking for eligible Applicants who follow directions and submit Applications that clearly and creatively address the topic described above. Within sixty (60) days of the quarter’s deadline date, a qualified panel of judges will select one (1) potential winner based on the criteria of creativity (25%), originality (25%), uniqueness (25%) and overall excellence (25%). Sponsor will select at least one (1) of the submitted Applications as the potential Prize-Winning Application. In the event of a tie, the potential winner will be the Applicant with the higher score for overall excellence. The potential winner will be notified by e-mail or phone, at which time he/she will be required to sign further documentation as explained below. Sponsor shall have no liability for any potential winner notification that is lost, intercepted or not received by the potential winner for any reason. Sponsor reserves the right to choose no Scholarship Prize Recipient if, in its sole discretion, it does not receive a sufficient number of eligible and qualified Applications. Portions of the Prize-Winning Application may be posted on the Sponsor’s Website, or used in other marketing materials, without further compensation or notice to the winner.
One (1) winner each quarter will receive a Contest Prize in the amount of up to ten thousand dollars and zero cents ($10,000.00). Prize will be in the form of a check made payable directly to the student loan servicer on behalf of the winner, but cannot exceed the total due to the student loan lender/servicer. Prize Recipient must submit proof of student loan debt and servicer information within 30 days of award notification. Scholarship Prize may not be assigned, transferred, or changed, except at the sole discretion of Sponsor. No cash equivalent prize will be awarded. The awarding of any Contest Prize is contingent upon full compliance with these Official Rules and subject to Sponsor’s verification of Applicant and Applicant’s submission. Applicants agree to be bound by Official Rules and agree that if any Contest Prize Recipient fails to provide proof of identity, refuses to provide required affidavit, refuses to complete and provide any requested tax forms (including IRS W-9 form), is found to have violated the Official Rules or otherwise does not meet eligibility criteria, Contest Prize will be forfeited and the Applicant who submitted the Application with the next highest score will become an alternate potential Contest Prize Recipient. Applicants understand that Sponsor is not liable for injuries, losses or damages of any kind arising from participation in this Contest and acceptance, possession and use of Contest Prize. Sponsor is not responsible for any typographical or other error in the printing of the offer, administration of the Contest or in the announcement of the Contest Prize. Taxes on prizes are sole responsibility of Contest Prize Recipients. Contest Prize Recipients will be issued 1099 tax forms.
Except where prohibited, by accepting a Contest Prize, the Contest Prize Recipients agree that Sponsor may, without any limitation or further compensation or notice, use his or her name, voice and/or likeness in any and all media, worldwide, for the purpose of advertising and promoting the Website, the Sponsor, the Contest, or any other promotion, contest or sweepstakes by Sponsor.
By submitting an Application, you acknowledge and agree that: (a) Sponsor will own your Application, including your written or video response submission, and (b) as between you and Sponsor, Sponsor will own all publishing rights in and to the Application, and the written or video response submission. Each Applicant hereby irrevocably grants, transfers, sells, assigns and conveys to the Sponsor, its successors and assigns, all present and future right, title and interest of every kind and nature whatsoever, including, without limitation, all copyrights, and all rights incidental, subsidiary, ancillary or allied thereto (including, without limitation, all derivative rights) in and to the Application, and the written or video response submission(s) for exploitation throughout the universe, in perpetuity, by means of any and all media and devices whether now known or hereafter devised (the “Rights”). Sponsor shall have the right, in its sole discretion, to edit, composite, morph, scan, duplicate, or alter, the Application, and written or video response submission(s) for any purpose which Sponsor deems necessary or desirable, and each Applicant irrevocably waives any and all so-called moral rights they may have in the Application, and written or video response submission(s) submitted by him or her. Each Applicant hereby acknowledges that such Applicant does not reserve any rights in and to the Application, and the written or video response submissions.
- DISPUTE RESOLUTION:
Except where prohibited, by participating, Applicant agrees that all issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules, or the rights and obligations of participants and Sponsor and their agents shall be governed by and construed exclusively in accordance with the laws of the state of Florida without giving effect to any principles of conflicts of law of any jurisdiction. Applicant agrees that any action at law or in equity arising out of or relating to this Contest, or awarding of the prizes, shall be filed only in the state or federal courts located in the state of Florida and Applicant hereby consents and submits to the personal jurisdiction of such courts for the purposes of litigating any such action. Except where prohibited, by participating in this Contest, Applicant agrees that: (a) any and all disputes, claims, and causes of action arising out of or connected with this Contest, or awarding of the Contest Prizes, shall be resolved individually, without resort to any form of class action; and (b) any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with participating in this Contest but in no event attorneys’ fees; and (c) under no circumstances will any participant be permitted to obtain awards for and hereby waives all rights to claim punitive, incidental and consequential damages and any other damages, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. Some jurisdictions do not allow the limitations or exclusion of liability for incidental or consequential damages, so the above may not apply to you.
- REPRESENTATIONS AND WARRANTIES/INDEMNIFICATION:
Each person who enters this Contest represents and warrants to Sponsor as follows: (i) the Application, including the written or video response submission is the Applicant’s own original, previously unpublished, and previously unproduced work; (ii) the written or video response submission is wholly original with Applicant and as of the date of submission, is not the subject of any actual or threatened litigation or claim; (iii) the written or video response submission neither infringes upon nor violates the intellectual property rights or other rights of any other person or entity; (iv) the written or video response submission does not and will not violate any applicable laws, and meets the Submission Requirements set forth above. Each Applicant hereby agrees to indemnify and hold the Sponsor harmless from and against any and all third-party claims, actions or proceedings of any kind and from any and all damages, liabilities, costs and expenses relating to or arising out of any breach or alleged breach of any of the warranties, representations or agreements of Applicant hereunder.
- FURTHER DOCUMENTATION:
Except where prohibited, potential Contest Prize Recipients (or their parents or legal guardians if they are minors at the time of application) will be required to complete and return an Affidavit of Eligibility, Publicity/Liability Release, and Copyright Assignment within ten (10) days of notification or the Applicant with the Application with the next highest score will become an alternate potential Contest Prize Recipient. If notification to a potential Contest Prize Recipient is returned as undeliverable, the Applicant with the Application with the next highest score may become an alternate potential Contest Prize Recipient.
- NO OBLIGATION TO USE:
Sponsor shall have no obligation (express or implied) to use any winning Application, or to otherwise exploit a winning Application or continue the development, production, distribution or exploitation thereof, and Sponsor may at any time abandon the use of the winning Application for any reason, with or without legal justification or excuse, and the Contest Prize Recipients shall not be entitled to any damages or other relief by reason thereof.
- IMPORTANT. PLEASE READ – GENERAL RELEASE AND LIMITATIONS ON LIABILITY:
By entering the Contest, each Applicant acknowledges and agrees that the Sponsor, its related companies, affiliates, and each such company’s respective employees, officers, directors and agents are not responsible for any costs, injuries, losses, or damages of any kind arising from or in connection with: (i) incomplete, lost, late, misdirected or illegible entries or for failure to receive Applications due to any cause, including without limitation human, transmission, or technical problems, failures, or malfunctions of any kind, whether originating with sender, or otherwise, that may limit an Applicant’s ability to participate in the Contest; or (ii) any injury or damage resulting, directly or indirectly, in whole or in part, from participation in the Contest and/or the use of any prize, including, without limitation, claims, costs, injuries, losses and damages related to personal injuries, death, damage to, loss or destruction of property, or any claims, costs, injuries, losses, or damages related to or based on the Applicant’s rights of publicity or privacy, or the Applicant’s claim that he or she has somehow been defamed or portrayed in a false light. Sponsor assumes no responsibility for any damage to an Applicant’s computer system which is occasioned by accessing the Website or participating in the Contest, or for any computer system, phone line, hardware, software or program malfunctions, or other errors, failures, delayed computer transmissions or network connections that are human or technical in nature, or for the incorrect or inaccurate capture of information, or the failure to capture any information. This Contest is subject to all U. S. federal, state and local laws and regulations. Void where prohibited.
- SPONSOR’S RIGHT TO MODIFY, SUSPEND OR TERMINATE:
In the event Sponsor is prevented from continuing with the Contest by any event beyond its reasonable control, then Sponsor shall have the right in its sole discretion to modify, suspend, or terminate the Contest.
- GENERAL PROVISIONS:
Sponsor reserves the right in its sole discretion to disqualify any individual who is found to be tampering with the application process or the operation of the Contest or the Website, to be acting in violation of these Official Rules, to be submitting responses dishonestly or inaccurately, or to be acting in an unsportsmanlike or disruptive manner. In the event of a dispute as to the identity of any entrant, the authorized account holder of the email address used to enter will be deemed to be the entrant. The “authorized account holder” is the natural person assigned an email address by an Internet access provider, online service provider or other organization responsible for assigning email addresses for the domain associated with the submitted address. If an Application is confirmed by Sponsor to have been erroneously deleted, lost or destroyed, the entrant’s sole remedy shall be another Application, if time permits. Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that or of any other provision.
- LIST OF CONTEST PRIZE RECIPIENTS:
The names of the #PayMyStudentLoans Contest Prize Recipients will be posted at https://www.moneysolver.org/contests/contest-winners/pay-my-student-loans-winners/.