Prize Money
- Gold Medalist: The Stotsenberg Prize of $25,000 U.S.
Sponsored by Dorothy D. Stotsenberg, Malibu CA
- Silver Medalist: $10,000 U.S.
Sponsored by Russell Cleveland, Dallas TX
- Bronze Medalist: $5,000 U.S.
Sponsored by Kraig Wangsnes, Augusta GA
- Fourth Prize: $1,000 U.S.
- Fifth Prize: $1,000 U.S.
- For the Gold Medalist, a professionally managed performance tour of recitals and concerts with orchestra.
- An award of $500 to each of the remaining ten contestants.
