Space News has a short article on the start of registration for the 2008 Team America Rocketry Challenge, or TARC. This rocket contest is for middle and high school students, and involves $60,000 in cash and scholarship prizes.
Here's a key change in the rules for this contest that has been going on for several years:
"The new contest rules call for the teams to launch a handmade rocket to an altitude of 750 feet while staying aloft for 45 seconds. A major difference for the 2008 challenge is the rule calling for the rocket to carry a payload of two raw eggs, rather than one. Both eggs must be unbroken for the team to receive a score in the launch."