The winner also receives a certificate, a taonga and a carved trophy for their school to display for nine months. The runner-up will receive a certificate and a taonga.
Waitangi Treaty Grounds chief executive Greg McManus said the competition is all about inspiring young people to reflect on our national day and what it means for them.
"Some of the most interesting perspectives I have heard about Te Tiriti and nationhood have come from young New Zealanders so this competition is an opportunity to harness those perspectives and give them a forum for expression. We are very grateful to Air NZ and Westpac NZ for helping to make it happen."
Waitangi Treaty Grounds education manager Monika Kern is excited about hearing students' views.
"Young people of today are the leaders of tomorrow. As we are celebrating our national day, Waitangi Day, we need to ask ourselves what does this day mean to them? The Waitangi Day Speech Competition provides a platform to students to share their views with us all."
More information about the speech competition is available at www.waitangi.org.nz/education