Prizes will be awarded to the departments of mathematics
of the institutions with the five winning teams. In addition, there will
be prizes awarded to each of the members of these teams. The five highest
ranking individuals are designated Putnam Fellows by the Mathematical Association
of America. Prizes will be awarded to each of these individuals and to each
of the next twenty highest ranking contestants.
The trustees of the Putnam Fund also will award at Harvard University or
at Radcliffe College the annual William Lowell Putnam Prize Scholarship
to one of the Putnam Fellows. This scholarship is available either immediately
or on completion of the undergraduate course of the successful candidate
and carries a value of up to $12,000 plus tuition at Harvard.
Institutions throughout the United States and Canada are encouraged to offer
fellowships to high ranking contestants in the Competition.
The Elizabeth Lowell Putnam Prize will be awarded periodically to a woman whose performance on the Competition has been deemed particularly meritorious. This prize would be in addition to any other prize she might otherwise win. Women contestants, to be eligible for this prize, must specify their gender.