All high school students residing in the Ninth Federal Reserve District are eligible for the essay contest. The Ninth District includes Minnesota, Montana, North Dakota, South Dakota, northwestern Wisconsin and the Upper Peninsula of Michigan.
Each entrant must be under the supervision and direction of a teacher.
The supervising teachers or students must submit all essays and student entry forms on or before the contest due date on March 27, 2015.
Students who have family members employed by the Federal Reserve Bank of Minneapolis or serving as contest judges are not eligible to participate.
Thirty students will receive $100. In addition, a first-, second- and third-place winners will be selected. The third-place winner will receive an additional $200, and the second-place winner will receive an additional $300. The first-place winner will receive an additional $400 and a paid summer internship at the Minneapolis Fed. The winning essay will also be published in The Region magazine.
Contest winners and their teachers will be invited to a culminating workshop, luncheon and awards program at the Minneapolis Fed. A parent or guardian is welcome to attend the awards program. Although winners are encouraged to participate, attendance is not mandatory to receive awards.
Scholarships covering travel—based on automobile mileage and one night’s lodging—will be provided for winners and teachers attending from outside the Minneapolis-St. Paul metropolitan area.
Teachers with one or more students who are selected as finalists are now eligible for a $100 cash prize. From a pool of teachers who assign the essay contest as a class requirement and submit essays for the contest, several schools will be selected for a classroom visit by an economist. Please email Joseph.Mahon@mpls.frb.org if you wish to be considered. If travel precludes a visit, a conference call may be scheduled.
school telephone number
total number of pages of essay
name of supervising teacher
Federal Reserve Bank of Minneapolis
Public Affairs Department
P.O. Box 291
Minneapolis, MN 55480-0291
College economics faculty and Federal Reserve staff will judge the essays using five criteria. A sample scoring sheet follows.
Rate each of the five categories 1 through 20, with 20 as the highest score. Add the five categories to reach the essay's final score.
Essay Number _____________
|Comprehension (1-20 points) _________|
|How well does the essay reflect a thorough comprehension of the issues involved the essay topic?|
|Organization (1-20 points) __________|
|Does the argument follow a logical and easily understood progression? Does corroborating evidence support the essay's main points?|
|Conclusions (1-20 points) __________|
|Do the conclusions follow logically from the argument? How compelling are the conclusions?|
|Creativity (1-20 points) ___________|
|Use of diverse resources, including interviews. Creative angle on the issue.|
|Writing (1-20 points) ____________|
|Correct grammar, spelling, punctuation. Concise language.|
Final Score _____________