The Fraser Institute has announced Student Essay Contest 2021. Applications are now open for this exciting competition attracting participants from diverse backgrounds. So, if you are someone who loves writing and are a high school, undergraduate, or graduate student then, make sure you grab this opportunity. Join the Fraser institute student essay competition to show off your thoughts on public policy and the importance of markets. Applications for the contest are now open!
The “Student Essay Contest 2021” is an initiative of the “Fraser Institute” to provide a platform for young budding writers and encouraging them to keep writing this competition does not just give participants a platform to express their thoughts but also allows them to connect with other like-minded individuals and thus helps them assess themselves and learn from their peers.
According to the University of Pennsylvania‘s Global Go To Think Tank Index, the Fraser Institute is Canada’s largest think tank and now ranks in the top 15 of all think tanks worldwide. Their goal is to enhance the quality of life for Canadians, their families, and future generations by researching, assessing, and disseminating the impact of government policy, creativity, and personal preference on their well-being. This contest is an extension of their beliefs.
The following table provides an overview of the entire scholarship:
|Educational Level||High school, undergraduate and graduate|
|Amount||$500 to $1,500|
|Number of Awards||3|
|Application Deadline||June 1, 2021|
Who May Be Eligible
Candidates in high school, undergraduate, or graduate studies are eligible to apply for this scholarship. There is no other additional requirement.
How to Apply
To get the application form and the details regarding the same, please Click Here.
The candidates are required to submit an essay on the following topic:
- In 2020, the COVID-19 pandemic wreaked havoc on the global economy, causing many companies and startups to reinvent how they delivered products and services, from drone-delivered meals to the proliferation of online learning channels. Although the pandemic is unlikely to last forever, some companies and enterprises have permanently closed their doors, while others have innovated and thrived in response to changing market demand.
- The economist Joseph A. Schumpeter, author of Capitalism, Socialism, and Democracy in 1942 is best known for popularising the word “creative destruction” to explain the entrepreneurial phase in which old ways of doing things die out as new ones emerge. He believed that understanding capitalism involved an understanding of this evolutionary process.
- Create an article that explores the relevance of Joseph Schumpeter’s idea of creative destruction in recognizing creativity and economic growth in today’s world. Entrants may use a case study to support their essay by analyzing a specific industry or sector (during any period).
A total of $9,000 in cash prizes will be awarded, with $3,000 reserved specifically for high school students! The winning essays will be published in Fraser Institute journals, and the writers may gain familiarity with the peer-review process. A total of 9 prizes, 3 for high school students, 3 for undergraduates, and 3 for graduates will be given.
The applications are open till June 1, 2021. To be considered for this competition, please send your entries by then.