Sticky Scholarship is here to save you from your student loans

Thanks to inflation, the minimum wage in the United States has essentially gone down every year since 1968. Meanwhile, tuition fees have jumped 1200% since 1980. So it's no surprise that prospective students are all considering the possible means of paying their university fees.

Although student loans are still a popular way to fund further education, they come with a long-term repayment commitment that has been roundly criticized, even though no real change is on the horizon. Many more students have turned to scholarships to pay for their education without going into debt.

There are all kinds of scholarship opportunities available for students these days - and not all of them are tied to academic achievement.

According to Education Data Initiative, the U.S. Department of Education pays out approximately $46 billion in scholarships each year. The average scholarship is around $7,400. With plenty of scholarships up for grabs, any high schooler can apply and hopefully forget about - or at least minimize - student loans.

A particular scholarship that students can use pay for college enters the Duck Brand Stuck at Prom Scholarship Competition.

Duck Brand Prom Scholarship Contest

The annual Duck Brand Scholarship is a $25,000 award that focuses on an important high school event that every senior looks forward to: Prom. Two grand prize winners will be named - a dress and a tuxedo - to win a $10,000 cash prize, and eight runners-up will receive $500 prize money. All high school or home students can participate in the contest.

To win, entrants must submit a photo or video of their creative and original design of their finished Duck Tape dress or tuxedo to Stuck at the ball. This scholarship is an opportunity for students who wish to show their artistic abilities and imagination.

The annual Duck Brand Fellowship has been around for a while, and this is the 22nd. Last year, in 2021, two talented crafty teenagers won over the judges by creating a remarkable design. Larissa Leon won the grand prize for the dress and Ryan Bekic won the grand prize for the tuxedo. It took them about 160 hours to complete their design.

So if you're a desperate teenager with no savings for college, this is a chance for you to take home a huge amount of money. What better way to save money for college that?

How to participate

The first stage of the contest is the entry period, where contestants will create an original dress or tuxedo from duct tape and upload a photo or video of themselves to Duck Brand StuckAtProm gate.

The second step is to submit your registration form and information. Finally, the last and most fun step is to vote. The ten best candidates are chosen by a panel of judges based on these important criteria: color, originality, accessories, craftsmanship and concept.

Once the top ten have been chosen, the judges choose the top two winners and the remaining eight are runners-up.

Dates to remember:

• Registration period: March - June 8, 2022
• Judge Selection Period: June 15 - June 22, 2022
• Public voting period for finalists: June 29 - July 13, 2022
• Announcement of the big winners: the week of July 20, 2022

Eligibility:

To participate in the contest and do your best to get this scholarship, here are the requirements:

• Entrants must live in the United States, Puerto Rico, the District of Columbia, and all United States territories except North Dakota, Vermont, Maryland, Colorado, Nebraska, Tennessee and Vermont. It also does not apply to the province of Quebec but to the rest of Canada.
• A participant must be 14 years of age or older to participate.
• For the 2021/2022 school year, participants must be enrolled in a high school or enrolled in a home school association within a high school.
• Previous year's scholarship finalists, directors, spouses, household members and designers are not eligible to apply.

Save yourself student loans

Most students graduating from a four-year college may have up to thousands of dollars in debt. It can take years to pay off your student loans. Rather than getting student loans, most students want to save money for other things. Based on American News here is a detailed list:

• Private college: $38,185
• Public, out of state: $22,698
• Public, in-state: $10,338

Going to college can be expensive, especially if you don't have a steady family income or a high-paying job to help pay for it. The median household in the United States is around $67,000.

If you think about the cost of basic needs, tuition, student loans, and emergency funds, that's a lot of money that even $67,000 can't save you. Scholarships like the Duck Brand Contest, on the other hand, give a ray of hope to those who need it most.

The scholarship can partially or fully pay for your tuition depending on the college you plan to attend. Receiving a scholarship that covers all of your tuition or half of your tuition feels like a dream come true.

The scholarship money can leave you extra money for other things like rent, utilities, restaurants, side shoves investments, etc

The Duck Brand Contest Scholarship has opened doors for many students who desperately dream of going to college. It is up to them to act or not!

Are you ready to use your creative and innovative ideas to outshine other contestants and win the grand prize? It's time to shine bright and put your skills to the test. Will you be the winner and take home the prize money, or will you be the one who takes out student loans?

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The post was produced by The Money Dreamer and syndicated by Geek Wealth.

Image credit: Pexels

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