Success Formula will award a one-time scholarship of $1,500 to two students, per year. In a 3-minute video, students are asked to tell, (or show) Daymond John why education is essential to their success as an entrepreneur. Videos must be uploaded to YouTube then the link can be submitted to the DJSF site following the submission of prompted questions. Applicants must be students in good standing at an accredited college, university or trade school.For spring semester, the deadline is November 30 and awards will be announced December 15. The fall deadline is August 18 and awards will be announced on or after September 1. The educational scholarship may be applied to qualified expenses, including graduate and undergraduate tuition, fees, books and on-campus room and board for the academic year.Daymond John’s Success Formula will contact the winner directly via email. The winner will have 7 days to respond. Once it has been confirmed that the winner meets the eligibility criteria, Daymond and his team will list the winner on its webpage. If the initial winner fails to respond within the specified period, or does not meet any of the eligibility criteria, Daymond John’s Success Formula reserves the right to pick a new winner at its sole discretion. The final winner will be announced via daymondjohnssuccessformula.com. Questions regarding the scholarship can be directed to scholarship@djsuccessformula.com.