Complex sentence: The Neustadt International Prize for Literature is the only international literary award of this scope to originate in the United States, and is one of few international prizes for which poets, novelists and playwrights alike are equally eligible.
Split into simpler sentences: The Neustadt International Prize for Literature is the only international literary award of this scope to originate in the United States. It is also one of few international prizes for which poets, novelists and playwrights alike are equally eligible.