Elks National Foundation Most Valuable Student Competition is open to high school seniors who are U.S. citizens residing within the jurisdiction of a local Elks Lodge. Your selection for this award is based on scholarship, leadership and financial need. To be considered, you must plan on pursuing a four-year degree on a full-time basis (minimum of 12 semester hours) at an American college or university. Applications will be available on the website on September 1st. Applications due November 2nd.