The award was $1000, and from 1995–2004, the winning sonnet and the eleven finalists were published inFollowing the discontinuation of The Formalist in 2004, the winning sonnet and eleven finalist poems were published in the literary magazine Measure.
A prize of $1000 was awarded to recognize excellence, and from 1995 to 2004, the winning poem and the top eleven finalists were showcased inFollowing the demise of The Formalist in 2004, the winning poem and the top eleven finalist poems appeared inMeasure.