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Prizes: TWELVE (12) GRAND PRIZES (One (1) awarded per Entry Period): A $5,000 check made payable to the qualified institution reflected on the winnerís Declaration. A winner forfeits the prize if he/she (or his/her daughter or son, or ward, in the case of a legal guardianship) does not attend a participating college/university within one (1) year of notification/winner confirmation. Approximate Retail Value (ďARVĒ): $5,000.