After three weeks of waiting on pins and needles, select teens were awarded collectively $47,500 in cash at the Deseret News/KSL-5 Television Sterling Scholars program Wednesday night.

The event, held at Cottonwood High School in Salt Lake City, brought out the cream of the crop of exemplary youths, all vying for top academic honors.

The Sterling Scholar Awards have spread throughout Utah, with participants from nearly 92 public high schools, divided into five regions.

For the Wasatch Front region, more than 700 students competed from 54 high schools with a resulting 195 finalists. These senior students waited anxiously Wednesday night to see if they were one of 13 category winners, ranging from math to science to dance. Each receives $2,000 cash.

One top winner, selected from the 13 recipients, is awarded General Sterling Scholar, which comes with the $2,000 category cash plus an additional $2,500.

There are also two special awards: the Philo T. Farnsworth Excellence in Education/Governor's Award, and the Douglas F. Bates Community Service Award. Each receives a trophy and $400.

A total of 26 runners-up are also honored, each winning $700 in cash.

Sixteen universities, colleges, businesses and technical schools offer scholarships to the Sterling Scholar winners and runners-up.

The ceremony is akin to the Academy Awards, with the students dressing up in their formal best and receiving flowers and other gifts from family and friends.

Alice Lin, of West High School, was the winner of the business and marketing category — and the top pick of the 13 to receive the General Sterling Scholar award. She was not present to receive her award.

Lin is the Utah DECA president. DECA is an organization for high school and college students studying business-related fields.

"It is unfortunate that we don't see women as doctors and CEOs of companies as often as we should," Lin wrote in her entry essay.

West High made a great showing Wednesday night, with four students earning scholarships. Two Skyline High School students were also in the top 13.

Hiram Golze, of Skyline High, earned the math scholarship. He said he just doesn't understand people who say math isn't fun. "That's just a stereotype," Golze said. He has been accepted at MIT and Brigham Young University — and may have to flip a coin to decide.

The remaining seven scholarships went to teens at Provo High, Hillcrest High, American Fork High, Timpanogos High, Box Elder High, Weber High and Lehi High.