Money Metals Exchange Scholarship Program
Announcing the First Gold-Backed Scholarship of the Modern Era
Money Metals Exchange, a national precious metals dealer recently ranked “Best in the USA,” has teamed up with the Sound Money Defense League to help qualified students pay for the ever-rising costs of tuition, fees, books, and supplies.
These groups have just introduced the first gold-backed scholarship of the modern era, setting aside 100 oz of physical gold for scholarships to outstanding undergraduate and graduate students who display deep understanding of economics and monetary policy.
2023 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, 2023.
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?
- Discuss the concept and advantages of sound money and its historical significance. How does it contrast with today's monetary system, and how could sound money be restored?
- What is a Central Bank Digital Currency (CBDC)? Compare and contrast a CBDC with the currency system now in place as well as a gold-backed system. How would a CBDC impact the lives of American citizens?
- If BRICS nations establish their own currency, how might that affect the United States, the Federal Reserve System, and the value of our currency? Consider the economic, geopolitical, and monetary consequences of such a development.
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.
2023 Scholarship Panel:
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Judge Andrew Napolitano
Former Fox News Analyst, Best-selling author and commentator
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Dr. Peter St. Onge
Economist, Heritage Foundation
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Dr. Robert Wright
Senior Faculty Fellow, American Institute for Economic Research
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Dr. Thomas Hogan
Senior Research Faculty Member, American Institute for Economic Research
The deadline to submit the application, resume, and essay is October 31, 2023.
For more information, please email scholarship [at] moneymetals.com
Also, follow @MoneyMetals and @SoundMoneyDef on Twitter for any updates or announcements.
Apply Today for the Scholarship
Privacy Policy and User Communications
Privacy Policy: By submitting an application, the applicant automatically grants Money Metals Exchange, Sound Money Defense League, its agents and/or representatives permission to post the applicant's name, university, photo (if submitted) and winning essay on either organizations' or in other marketing communications in the event he or she is awarded the scholarship. We are also granted permission to call and/or send you information regarding your application.
User Communications – When you send email communications to Money Metals Exchange, Sound Money Defense League, its agents and/or representatives may retain those communications in order to process or respond to your inquiries or application as related to the scholarship. Money Metals Exchange, Sound Money Defense League, its agents and representatives will not knowingly sell, share, rent or otherwise transfer your information other than in accordance with the terms set forth in this Privacy Policy. By participating in this scholarship, you give us your express consent to confirm your admission and attendance at the college or university by contacting the institution for verification.
