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Please be aware there may be tax ramifications for which you as the student would be responsible:  
Refer to IRS.Gov

The information the student provides is strictly confidential. Authority for the collection of this information is stated in Public Law 93-642. The primary purpose for which the information is requested will be used in the selection of an award winner for a specific Educational Scholarship Award. Submitting the information requested is voluntary. Failure to complete the form and essay will prevent the applicant from being considered for the award. Information may be used to publicize the scholarship and our company NoteVault, Inc.