Money Metals Exchange Scholarship Program
In order to assist qualified students with the escalating costs of tuition, fees, books, and supplies, the Sound Money Defense League has partnered with Money Metals Exchange, a national precious metals dealer recently named “Best in the USA.”
The first gold-backed scholarship of the modern age has just been launched by these organizations, which has put aside 100 oz of actual gold for awards to deserving undergraduate and graduate students who exhibit a strong grasp of economics and monetary policy.
2022 Eligibility Requirements
Money Metals Exchange and the Sound Money Defense League will be awarding this scholarship to two incoming or current undergraduate students and two graduate students each year.
Judged Scholarship Award:
- Undergraduate Student First Place: $2,000
- Undergraduate Student Runner Up: $1,000
- Graduate Student First Place: $2,000
- Graduate Student Runner Up: $1,000
Application Deadline: Application, resume, and essay must be submitted by October 31, 2022.
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How to Apply
To apply for this scholarship, students should fill out the application form below, provide proof of current attendance at a high school, college, or university (by submitting, for example, a transcript) and upload their current resume and their essay.
Essays should be roughly 1,000 words in length and should answer ONE of the following questions:
- How has the Federal Reserve System helped or hurt the American economy?
- Most economists, even those who support private property and free markets, think that money (or monetary services, or money and banking, etc.) is a special good that must be produced and controlled by the government. Do you agree or disagree, and why?
- How do you think the free market would handle money, if there were no government intervention of any kind?
- How could America best return to a gold or bi-metallic (gold and silver) standard?
This scholarship will be open to high school seniors, undergraduate students, and graduate students with an interest in economics, specifically the tradition of the Austrian school.
You DO NOT have to be an economics major to be eligible to receive this scholarship.
Essays will be reviewed by a blue ribbon committee of professors, economists, and executives of Money Metals Exchange and Sound Money Defense League.
The panel will select two (2) undergraduate winners and two (2) graduate winners. All four (4) articles will be published on one or both organizations’ websites.
