Scholarships and Recognition

Teams determined to have the best solution papers receive special recognition in the form of tuition scholarships for college education. Each scholarship is shared equally among the members of a team and is paid directly to the college or university at which winning students enroll, in one payment, and preferably in the first year of post-secondary education. Scholarship awards may be used for tuition, fees, or placed in school-sanctioned (flexible) spending accounts that are administered by the institution and used for educational materials. Schools of the top six teams will also be awarded prizes to support their mathematics or other related programs. 

Recognition

All students who submit a viable solution paper receive certificates of participation, which are mailed to their teacher-coach. Coaches also receive certificates. The certificates display the contact information provided at the time of registration, or revised by the deadline. Teams may login to the M3 website to make changes to their registration information up until 12 midnight on the Monday of Challenge weekend. This allows teams to verify that the team record accurately reflects who participated and allows adjusting for no-shows or last minute substitutions. If you miss this deadline, changes may be sent via email. All team data must be finalized by Friday, March 3. Certificate accuracy is not guaranteed if the deadline is missed. Certificates will not be re-printed for teams who neglect to keep their team record accurate.

Schools whose teams receive semi-finalist or honorable mention prizes are each awarded a plaque. The top six teams' schools are awarded trophies.

Press releases are prepared on a regular basis and are distributed to appropriate media during and after the contest. Publications and participating schools may use these releases or portions thereof to promote their students' hard work and achievement. All releases for the current Challenge are in the Newsroom; older releases, collateral materials, and documentation of previous Challenges can be found in Archives.

Scholarship prizes are as follows:

Top six finalist teams:
•M3 Challenge Champions (Summa Cum Laude Team Prize)
$20,000

•M3 Challenge Runner Up (Magna Cum Laude Team Prize)
$15,000

•M3 Challenge Third Place (Cum Laude Team Prize)
$10,000

•M3 Challenge Finalist (Meritorious Team Prize)
$5,000 (3 teams)

Judges have the option of awarding up to $90,000 in additional semi-finalist and honorable mention team awards in amounts of $1,500 and $1,000 per team, respectively.

Semi-finalist prizes are awarded to teams whose papers were highly ranked and underwent in-depth, specific discussion by judges, but missed making it into the top six. 

Honorable mention prizes are awarded to teams whose papers are judged to be worthy of recognition for their superior efforts. 

Prizes of $500 each will be made to all finalist teams’ coaches, and paid at their discretion to a department, club, or activity within the school district.

Summer Internship Program

Winners of the Challenge (finalists, semi-finalists, and honorable mention teams) are invited by SIAM to submit applications for summer internships at Moody's Corporation. M3 Challenge winners currently enrolled as college students and for whom SIAM has a valid email address are eligible (message m3challenge@siam.org if your email has changed). Several 10-week internship opportunities in New York City, San Francisco, and Pennsylvania are offered. Information on the summer internship program will be emailed to eligible students during the spring semester