Credello Scholarship Contest: Official Rules

NO PURCHASE OR PAYMENT IS NECESSARY TO ENTER. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING.

THESE RULES CONTAIN A WAIVER OF THE RIGHT TO PARTICIPATE IN A CLASS ACTION AND TO HAVE A JURY TRIAL IN THE EVENT OF A DISPUTE BETWEEN YOU AND SPONSOR (see section 15).

1. Eligibility

The Credello College Scholarship (the “Contest”) is open only to legal residents of the fifty (50) United States (and the District of Columbia) who are eighteen (18) or older at the time of entry and the age of majority in their state of residence and are currently enrolled or about to be enrolled as a student at an accredited university or college in the United States. Void where prohibited. Employees and directors of iQuanti (“Sponsor”) and its subsidiaries, divisions, affiliates, and advertising or promotional agencies or individuals involved with the design, production, execution or distribution of the Contest and the immediate family and household members of such individuals, are not eligible to enter or win. “Immediate family members” shall mean parents, stepparents, children, stepchildren, siblings, stepsiblings, or spouses, regardless of where they live. “Household members” shall mean people who share the same residence at least three months a year, whether related or not.

In order to enter the Contest or receive the prize, you must fully comply with the Official Rules. By participating in the Contest, you fully and unconditionally accept and agree to be bound by these Official Rules, and you represent and warrant that you meet the eligibility requirements set forth herein. In addition, you agree to accept the decisions of Sponsor as final and binding as it relates to the Contest. You agree that Sponsor shall retain full authority, in its sole discretion, to interpret and administer these Official Rules, and you agree to be bound by all decisions and interpretations made in good faith by Sponsor, or its designee.

2. Timing

Contest begins November 15, 2021 at 12:00 a.m. Eastern Time and ends on April 15, 2022 at 11:59 p.m. Eastern Time (“Contest Entry Period”). Sponsor is the official timekeeper for this Contest.

3. How to Enter

During the Contest Entry Period, you should go to https://www.credello.com/scholarship and complete the online entry form by providing the required information on the registration page and uploading a video of yourself explaining your take on one of the themes below (the “Submission”):

  • I am young, but I’m no stranger to personal finance
  • How I plan to take control of my finances
  • The best & worst financial advice I got from family & friends
  • Family Money Lessons: Should talking about money be a dinnertime conversation?

Limit one (1) entry per person during the Contest Entry Period. All entries will become the sole and exclusive property of Sponsor and will not be acknowledge, returned, or cancelled, and no correspondence will be entered into regarding the status of any entry. You may only use one email address to enter the Contest. You are not permitted to share the same email address with another entrant. Any attempt by any entrant to obtain more than the stated number of entries by using multiple/different email addresses, identities, registrations and logins, or any other methods will be void and your entries and you will be disqualified. Use of any automated system to enter is prohibited and will result in disqualification. Sponsor is not responsible for lost, late, incomplete, invalid, unintelligible or misdirected entries all of which will be ineligible to win a prize. In the event of a dispute as to any entrant, the authorized account holder of the email address used to enter will be deemed to be the entrant. The “authorized account holder” is the natural person assigned an email address by an Internet access provider, online service provider or other organization responsible for assigning email addresses for the domain associated with the submitted address. Potential winners of any prize may be required to show proof of being the authorized account holder to be awarded the prize.

4. Submission Requirements

The Submission must be a minimum of 60 seconds long, and a maximum of 180 seconds long. Videos from any device are acceptable. Only high-definition videos will be eligible to participate in the Contest. Videos must have clear audio – videos without clear audio will not be eligible to participate in the Contest.

In addition, all Submissions must comply with the following requirements: (i) the Submission may not feature any person other than you, unless you have obtained a sub-licensable publicity release from such individuals and any other necessary consents or releases for use of such individual’s image or likeness in the Submission to be submitted as part of the Contest; (ii) other than Sponsor, its products, brands and/or logos, or products, brands or logos owned solely by the entrant, the Submission may not show, contain, mention, depict, refer or otherwise allude to the name, logo or product of any third party, unless you have obtained written approval from such third party to use, and sub-license the use, of such name, logo or product in the Submission to be submitted as part of the Contest; (iii) the Submission must be your own original work, created solely by you and not created professionally; must not have been previously published, released or distributed in any form; must not have won any award; and must not infringe the copyright, trademark, privacy, publicity, or other personal or proprietary rights of any person or entity; (iv) the Submission may not contain, mention, refer or otherwise allude to any material that is violent, lewd, obscene, sexually explicit, pornographic, disparaging, defamatory, libelous, racially or morally offensive or otherwise contain inappropriate content or objectionable material, as determined by Sponsor in its sole discretion; (v) the Submission cannot promote alcohol, illegal drugs or tobacco, firearms/weapons (or the use of any of the foregoing), any activities that may appear unsafe or dangerous, or any political agenda or message, as determined by Sponsor in its sole discretion; (vi) the Submission cannot in any manner defame, misrepresent, contain disparaging remarks or reflect negatively about Sponsor, its products, or other people, products or companies or their products, or in any way reflect negatively upon such parties or explicitly or implicitly communicate messages or images inconsistent with the positive images and/or goodwill with which Sponsor wishes to be associated, as determined by Sponsor in its sole discretion; (vii) the Submission cannot contain any personal identification of any person except for you, such as personal names, email addresses or street addresses; (viii) the Submission cannot itself be in violation of any law; and (ix) the Submission must otherwise be in compliance with these Official Rules. Sponsor reserves the right, in its sole discretion, to disqualify any Submission that Sponsor believes, in its sole discretion, does not comply with or is in violation of these Official Rules or that otherwise contains prohibited or inappropriate content.

5. Grant of Rights

Entering this Contest constitutes your full agreement to give Sponsor a royalty-free, irrevocable, perpetual, non-exclusive license to use, reproduce, modify, publish, create derivative works from, and display the Submission in whole or in part, on a worldwide basis, and to incorporate it into other works, in any form, media or technology now known or later developed, including without limitation by using the Submission for promotional or marketing purposes or using it in connection with Sponsor’s social media accounts. You also grant a waiver and full release relating to the Submission, including without limitation waiving your rights of publicity or privacy. If requested, you hereby agree to sign any documents that may be required for Sponsor or its designees to make use of the Submission and all components thereof. By entering, you warrant and represent that you are the sole and exclusive owner of the Submission and all components thereof and that the same will not infringe on any rights of any third parties, and you further agree that your Submission and all components thereof conforms to these Official Rules.

6. Representations and Warranties/Indemnification

Each person who enters a Submission represents and warrants as follows: (i) you have obtained any and all necessary permissions required to submit the Submission and for Sponsor’s right to use the Submission for any purpose; (ii) the Submission is owned by you and has not been previously published, distributed or otherwise exploited; (iii) the Submission is wholly original by you and, as of the date of submission, the Submission is not the subject of any actual or threatened litigation or claim; (iv) the Submission does not and will not violate or infringe upon the intellectual property rights or other rights of any other person or entity, including, but not limited to, rights of privacy and publicity; and (v) the Submission does not and will not violate any applicable laws, and is not and will not be considered defamatory or libelous. You hereby agree to indemnify and hold Sponsor and its subsidiaries, affiliates, divisions, partners, representatives, agents, successors, assigns, employees, officers and directors harmless from and against any and all third party claims, actions or proceedings of any kind and from any and all damages, liabilities, costs and expenses relating to or arising out of any breach or alleged breach of any of the warranties, representations or agreements of entrant hereunder.

7. Winner Determination

After the end of the Contest Entry Period, a panel of qualified judges (as determined by Sponsor in its sole discretion) will select the best Submission, based on the following criteria:

  1. Originality and quality of content being presented in the video
  2. Creativity of the applicant
  3. Relevance of video content to the theme
  4. Audio and video quality

In the event of any tie, the entrant whose Submission received the highest score in the “[List Most Important Criteria]” category from among the tied Submissions, as determined by the qualified judges in their sole discretion, will be selected as the potential prize winner.

8. Winner Notification

ON OR ABOUT MAY 31, 2022, SPONSOR WILL NOTIFY THE POTENTIAL WINNER VIA EMAIL (“INITIAL NOTIFICATION”). POTENTIAL WINNER WILL BE REQUIRED TO RESPOND WITHIN FIVE (5) DAYS OF WHEN SUCH INITIAL NOTIFICATION WAS SENT VIA EMAIL and may (at Sponsor’s discretion) be required to complete, sign, and return to Sponsor an affidavit of eligibility and liability/publicity release within seven (7) days of receipt of such documents from Sponsor before accepting the prize. Failure by the potential winner to respond to the initial verification within five (5) days of initial notification or failure to return the documents prior to the deadline may result in disqualification, any prize won may be forfeited, and Sponsor may select an alternate winner from the remaining eligible entries. Potential winners must follow the initial prize claim instructions and any subsequent claim instructions, or the prize will be forfeited in its entirety. Sponsor shall have no liability for a potential winner’s failure to receive notices due to winners’ spam, junk e-mail voicemail malfunction or other security settings or for potential winners’ provision of incorrect or otherwise non-functioning contact information.

9. Verification of Potential Winners

In the event a potential winner (a) cannot be reached for whatever reason or the potential winner initial notification or prize is returned as undeliverable; (b) declines or cannot accept, receive or use the prize for any reason; (c) is found to be ineligible to enter the Contest or receive the prize, or (d) cannot or does not comply with the Official Rules, an alternate potential winner may be selected, at Sponsor’s sole discretion, from among the other eligible entries received.

10. Prize

One (1) prize will be awarded. The winner will receive a $1,000 Scholarship.

Sponsor reserves the right to substitute any listed prize for one of equal or greater value for any reason.

The prizes are not transferable. No substitution or cash redemption of any prize, or any portion thereof, is allowed, except at the sole discretion of Sponsor. Sponsor is not responsible for the inability of the potential winner to accept the prize or any portion thereof for any reason. Any difference in the stated ARV and the actual value of the prize will not be awarded. The winner is solely responsible for all unspecified costs and expenses associated with prize acceptance and use. PRIZES ARE AWARDED “AS IS” WITH NO REPRESENTATION OR GUARANTEE OF ANY KIND BY SPONSOR, AND EXCLUDE ALL WARRANTIES, EXPRESS OR IMPLIED, ARISING BY OPERATION OF LAW OR OTHERWISE, INCLUDING WITHOUT LIMITATION, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

Each winner is responsible for all applicable local, state and federal taxes. As required by applicable law, Sponsor will issue winners of prizes an IRS 1099 Tax Form, and winner agrees to fully cooperate in complying with applicable governmental reporting requirements. If requested by Sponsor, the potential winner will be required to complete, sign, and return to Sponsor an IRS Form W-9 prior to receiving the prize. Failure to complete, sign and return a W-9 will result in the winner being disqualified, and in such case Sponsor may, in its sole discretion, select an alternate winner in a random drawing from remaining eligible entries. Winner is solely responsible for determining and satisfying any tax liability resulting from any prizes. Sponsor has made no representations, or offered any advice or opinion, concerning the tax consequences of any prize awarded.

11. Hold Harmless/Release

BY PARTICIPATING, YOU AGREE TO HOLD HARMLESS THE SPONSOR AND ITS RESPECTIVE PARENT, SUBSIDIARY, AND AFFILIATED COMPANIES, THE CONTEST JUDGES, AND ANY OTHER PERSON AND ORGANIZATION RESPONSIBLE FOR SPONSORING, FULFILLING, ADMINISTERING, ADVERTISING OR PROMOTING THE CONTEST, AND ALL OF THEIR RESPECTIVE PAST AND PRESENT OFFICERS, DIRECTORS, EMPLOYEES, AGENTS AND REPRESENTATIVES (COLLECTIVELY, THE “RELEASED PARTIES”) FROM AND AGAINST ANY LIABILITY WHATSOEVER, AND WAIVE AND RELEASE THE RELEASED PARTIES FROM ANY AND ALL CAUSES OF ACTION, FOR ANY CLAIMS, EXPENSES, INJURIES, LOSSES OR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, CLAIMS, COSTS, INJURIES, LOSSES AND DAMAGES RELATED TO PERSONAL INJURIES, DEATH, DAMAGE TO OR DESTRUCTION OF PROPERTY, RIGHTS OF PUBLICITY OR PRIVACY, DEFAMATION OR PORTRAYAL IN A FALSE LIGHT, WHETHER INTENTIONAL OR UNINTENTIONAL) ARISING OUT OF OR IN CONNECTION WITH THE ACCEPTANCE, POSSESSION, OR USE/MISUSE OF ANY PRIZE, PARTICIPATION IN ANY CONTEST-RELATED ACTIVITY, OR PARTICIPATION IN THE CONTEST, WHETHER UNDER A THEORY OF CONTRACT, TORTS (INCLUDING, WITHOUT LIMITATION, NEGLIGENCE), WARRANTY, OR ANY OTHER THEORY OR CAUSE OF ACTION.

12. Publicity

Except where prohibited or restricted by law, each winner’s acceptance of a prize constitutes such winner’s agreement and consent for Sponsor and any of its designees to use and/or publish winner’s full name, city and state of residence, photographs or other likenesses, pictures, portraits, video, voice, testimonials, biographical information (in whole or in part), and/or statements made by winner regarding the Contest or Sponsor, worldwide and in perpetuity for any and all purposes, including, but not limited to, advertising, trade and/or promotion purposes on behalf of Sponsor, in any and all forms of media, now known or hereafter devised, including, but not limited to, print, TV, radio, electronic, cable, or World Wide Web, without further limitation, restriction, compensation, notice, review, or approval.

13. General Conditions

Sponsor reserves the right to cancel, suspend and/or modify the Contest, or any part of it, if any fraud, technical failures or any other factor beyond Sponsor’s control impairs the integrity or proper functioning of the Contest, as determined by Sponsor in its sole discretion. Sponsor reserves the right in its sole discretion to disqualify any individual it finds to be tampering with the registration process or the operation of the Contest or to be acting in violation of these Official Rules or any other promotion or in an unsportsmanlike or disruptive manner. To the extent an attempt by any person to deliberately undermine the legitimate operation of the Contest is a violation of law, and should such an attempt be made, Sponsor reserves the right to seek proper remedies. Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision.

14. Limitations of Liability

The Released Parties are not responsible for: (a) any incorrect or inaccurate information, whether caused by you, printing errors, or by any of the equipment or programming associated with or utilized in the Contest; (b) technical failures of any kind, including, but not limited to malfunctions, interruptions, or disconnections in phone lines or network hardware or software; (c) unauthorized human intervention in any part of the entry process or the Contest; (d) technical or human error in the administration of the Contest or the processing of registrations; or (e) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from entrant’s participation in the Contest or receipt or use or misuse of any prize. If for any reason an entrant’s registration is confirmed to have been erroneously deleted, lost, or otherwise destroyed or corrupted, entrant’s sole remedy is another entry in the Contest. No more than the stated number of each prize will be awarded.

15. Disputes—including WAIVER OF CLASS ACTION AND RIGHT TO JURY TRIAL

To the fullest extent permitted by law, by participating in the Contest, you understand and agree that: (a) any and all disputes, claims and causes of action arising out of or connected with this Contest, or any prizes awarded, shall be resolved individually, WITHOUT RESORT TO ANY FORM OF CLASS ACTION; (b) YOU AND SPONSOR WAIVE THE RIGHT TO TRIAL BY JURY WITH RESPECT ANY CLAIM BETWEEN THE PARTIES TO THE MAXIMUM EXTENT PERMISSIBLE UNDER APPLICABLE LAW; (c) any and all disputes, claims and causes of action arising out of or connected with this Contest, or any prizes awarded, shall be resolved exclusively by the United States District Court or the appropriate New Jersey State Court located in Hudson County, New Jersey; (d) any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with entering this Contest, but in no event attorneys’ fees; and (d) under no circumstances, to the extent permitted by applicable law, will you be permitted to obtain awards for, and you hereby waive all rights to claim punitive, incidental and consequential damages and any other damages, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY FOR THE AFOREMENTIONED DAMAGES, SO THE ABOVE MAY NOT APPLY TO YOU. All issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules, or the rights and obligations of you and Sponsor in connection with the Contest, shall be governed by, and construed in accordance with, the laws of the State of New Jersey, without giving effect to any choice of law or conflict of law rules (whether of the State of New Jersey or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than the State of New Jersey.

16. Entrant’s Personal Information

Information collected from entrants may be used by Sponsor to contact entrant regarding the Contest and for any purposes in accordance with Sponsor’s Privacy Policy, which is available at https://www.credello.com/privacy-policy/ provided, that in the event of any conflict between these Official Rules and such Privacy Policy, the terms and conditions of these Official Rules shall prevail only with respect to the conduct of this Contest.

17. Contest Results

For Contest results write to [email protected] with the subject line stating: “Winner’s List – Credello College Scholarship”. Requests for the winner list must be received by within 60 days of the end of the Contest Entry Period.