The second edition of the award-winning Brandes Scholarship Program is now accepting applications from Canadian students in the age group of 16 years to 22 years.

The program offers ten scholarships, each worth $1,000 cash, to applicants who demonstrate insights into financial literacy.

Read: Money lessons for kids

“Canada’s youth need to be money-smart to prepare for their futures, and help carry tomorrow’s economy,” says Carol Lynde, president, Brandes Investment Partners & Co. “The Program provides tools and incentives for teens and young adults not only to learn more about finances and investments, but to implement sound financial strategies.”

Read: Raising financially fit kids

Key conditions of the Program :

· Call for submissions (in English and French): March 31, 2013

· Close of submissions: July 2, 2013

· Open to all Canadian students 16-22 years of age

· Students are asked to discover their money personality by completing a short quiz and;

· Write a 400- to 600-word essay about their inner financial self

· Ten winning essays will be selected, and each winner will receive a $1,000 scholarship

· Winners will be announced by August 15, 2013

Read: Kids more financially savvy than we think