Mathcounts Competition - $8,000

From the website:

Mathcounts is a national program that provides students in grades 6-8 the opportunity to compete in live, in-person contests against and alongside their peers.

The Competition Series has 4 levels of competition—school, chapter, state and national. Each level of competition is comprised of 4 rounds—Sprint, Target, Team and Countdown Round. Altogether the rounds are designed to take about 3 hours to complete.

  • Sprint Round: focuses on speed and accuracy. Students have 40 minutes to complete 30 math problems without a calculator.

  • Target Round: focuses on problem-solving and mathematical reasoning. Students receive 4 pairs of problems and have 6 minutes to complete each pair, assuming the use of a calculator.

  • Team Round: focuses on problem-solving and collaboration. Students have 20 minutes to complete 10 math problems, assuming the use of a calculator. Only the 4 students on a school's team can take this round officially.

  • Countdown Round: focuses on speed and accuracy. Students have a maximum of 45 seconds per problem without a calculator. This round is optional at the school, chapter and state level.