BMI Launches 14th Annual Peermusic Latin Scholarship Competition With Prince Royce

 Prince Royce attends The 17th Annual Latin Grammy Awards
Denise Truscello/WireImage

 Prince Royce attends The 17th Annual Latin Grammy Awards at T-Mobile Arena on Nov. 17, 2016 in Las Vegas.

The BMI Foundation announced the launch of the 14th edition of its peermusic Latin scholarship competition, which offers songwriters and composers a $5,000 scholarship, established by music publisher Ralph Peer II and funded by peermusic, for the best song or instrumental composition submission in any Latin genre.

BMI songwriter Prince Royce will serve as the competition's honorary spokesperson for the third consecutive time. 

"Music is a vital part of education," the bachata singer said in a statement. "It is an honor for me to have been chosen to be part of this important endeavor in which peermusic/BMIF gives students the opportunity to win a cash prize for showcasing their songwriting talents."

Past winners of the scholarship include Mexican singer and actor Mane de la Parra, Venezuelan composer Marco Godoy and Costa Rican singer/songwriter Daniela Blau.

College students in the United States and Puerto Rico between the ages 17 and 24 are eligible to apply. Entries must be submitted online no later than Feb. 1, 2017, at 11:59 p.m. ET. For more information, visit here