Colleges That Give National Merit Scholarships – Paying for college can be a daunting task, so many people turn to scholarships to help cover the cost of tuition. There are two types of scholarships for high school students who want to attend college. There is need-based financial aid and award-based financial aid. National Merit Scholarships are awarded by taking the PSAT/NMSQT and are included in the final category of financial aid. In this blog post, you’ll learn how to apply for a National Merit Scholarship and what to consider when applying.
There are several steps for a student to receive a National Merit Scholarship.
Colleges That Give National Merit Scholarships
Since there is a year and a half gap between taking the PSAT/NMSQT and receiving the scholarship, applying for a National Merit Scholarship can be a headache. The high scores required to qualify make it even more frustrating.
Incoming Freshmen Scholarships
However, there are some great reasons why students should consider applying for a National Merit Scholarship. A student should use the PSAT/NMSQT to prepare for the SAT, which must be taken in the spring. They can get a very valuable credit to use on their resume and save some money on college with scholarships available to everyone in America. The rising cost of education can be terrifying – the average cost of college is $35,720 per student per year! So you may be wondering how you will find the money to cover your education.
One of those scholarships is the National Merit Scholarship. The competition provides an opportunity to win scholarships from central government, colleges and corporations.
In this article, we will tell you what the National Honor Scholarship is, the types of awards it offers, and how you can apply for this scholarship.
Established in 1955, the National Merit Scholarship is an annual academic competition that awards scholarships and recognition to American high school students.
National Merit Scholarship Finalists
NMSC is a non-profit organization that does not receive government assistance. Receiving the NMSC award is one of the highest academic achievements for high school students.
NMSC partners with colleges and corporations to provide additional scholarships to finalists.
U.S. high school students can qualify for National Merit Scholarships by taking the pre-SAT / National Merit Scholarship Qualifying Test (PSAT / NMSQT).
U.S. high school students from the District of Columbia, all U.S. commonwealths and territories, and non-U.S. residents are eligible for National Honor Scholarships.
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Remember that there are 2 versions of the PSAT: PSAT 10 and PSAT 8/9. These versions of the PSAT do not qualify for the National Merit Scholarship.
T Students take the PSAT/NMSQT in October, 2 years before graduation. For example, the 2023 exam will be in October 2021.
The National Merit Scholarship Competition offers a total of 8,500 scholarships. The total value of all scholarships is approximately $39 million!
This scholarship is one of the latest academic achievements for high school students. NMSC designates the winner of this award as a National Merit Scholar.
Lawton Public Schools National Merit Scholarship Winners
National Qualifying Scholarship Competition Finalists compete for a National Qualifying $2,500 scholarship. Finalists have very high PSAT/NMSQT scores, receive a recommendation from their high school, and demonstrate additional skills.
A selection committee will select a finalist for each state and other selection categories. There is a wide range of selection categories, including regions of the US and regions of US boarding schools that host large numbers of students.
Additional selection criteria include a student’s academic record, essay, and extracurricular activities. The selection committee will also consider the school’s proposal for finals.
National Merit Special Scholarships are one of 2 types of corporate-sponsored National Merit Scholarships. These scholarships are also known as corporate sponsored scholarships.
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Applicants who are not finalists in the National Merit Scholarship competition but meet the sponsors’ criteria are eligible for this scholarship. Sponsors are about 220 enterprises and business organizations.
Sponsorship criteria include children of employees of those organizations, residents of certain communities, or participants with a specific major or career plan.
The actual amount varies by sponsor. A one-time award is usually $2,500-$5,000. Renewable awards range from $1,000-10,000 per year.
Institutions and organizations will contact those who are eligible for this special scholarship and provide students with entry forms.
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Winners are selected from approximately 16,000 finalists in the National Scholarship Contest who meet the scholarship sponsors’ criteria.
Sponsors are about 220 enterprises and business organizations. The sponsor’s criteria for this scholarship is similar to the National Merit Special Scholarship.
The actual amount varies by corporate sponsor. A one-time award is usually $2,500-$5,000. Renewable awards range from $1,000-10,000 per year.
NMSC selects recipients from among 16,000 eligible finalists who meet the sponsor’s criteria. The panel will evaluate the finalists based on their achievements, skills and abilities.
National Merit Scholarship Program
In addition to corporations, colleges also offer National Honor Scholarships. These scholarships are known as College Sponsored Scholarships.
Finalists in the National Merit Scholarship Contest will select the college that offers the scholarship as their first choice.
Currently, approximately 180 colleges offer National Merit Scholarships. To receive the award, the student must attend the sponsoring college.
The actual amount varies depending on the sponsoring company. Awards are typically renewable for four years of study and range from $500-$2,000 per year.
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College officials select from competitive finalists who have informed NMSC that the college is their first choice. The committee will evaluate the finalists based on the college’s criteria for the scholarship.
Generally, seniors take the qualifying exam in October of their junior year, 2 years before graduation.
For example, a student in the Class of 2023 will take the SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) in October 2021.
Let’s take a look at the timeline of the National Merit Scholarship selection process using the Class of 2023.
Psat And The National Merit Scholarship Requirements
Eligible juniors must graduate within 2 years and plan to attend college after graduation.
NMSC uses an exam index to select the top 50,000 candidates out of 1.5 million students who take the exam.
A few months after students take the exam, NMSC selects the top 50,000 scorers. Later, NMSC asks the high school principals to verify the results and eligibility of the students.
NMSC divides the 50,000 top scorers into 16,000 National Qualifying Semifinalists and 34,000 Distinguished Students.
Solved 6. Recall The National Merit Scholarship Example From
Beginning in September 2022, 16,000 top-scoring students from each state and test section will compete for National Merit $2,500 scholarships, corporate-sponsored National Merit Scholarships and college-sponsored scholarships.
NMSC will provide semi-finalists with application materials and requirements to participate in the competition.
By the end of September 2022, each of the 34,000 commended students will receive a letter of commendation for their high marks.
Corporations and organizations will contact eligible participants for these special scholarships and provide entry forms to students.
The Achievement, Aptitudes, And Personalities Of National Merit Scholars And Certificate Of Merit Winners1
NMSC announces its 15,000 finalists in the National Merit Scholarship competition, more than a year after students take the exam. Each National Qualifying Finalist will receive a Certificate of Merit as proof of their academic achievement.
Selection committees evaluate each student using the student’s academic record, essay, and extracurricular activities. The Selection Committee will also consider the school’s candidacy for the National Qualifying Final.
Corporations select recipients from among 34,000 commended students who submit an entry form and qualify for the award.
There are some important deadlines to keep in mind. Let’s use class 2023 as another example.
National Merit Scholarship Corporation
High school students typically take the PSAT/NMSQT in October of their 11th grade (junior year). The Class of 2023 will take the PSAT/NMSQT on October 16, 2021.
However, if you are eligible for a college-sponsored National Honors Scholarship, you must select your first choice school by May 31, 2022.
The semi-finalist must submit a semi-finalist application for national qualification to the NMSC by October 6, 2022. This application is required to continue eligibility for the National Merit Scholar Award.
Semifinalists must take the SAT and verify their PSAT score by December 31, 2022 to be eligible for a $2,500 National Merit Scholarship.
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High-scoring students must take the SAT by January 31, 2023, to be eligible for all other types of National Merit Scholarships.
With more than 8,500 scholarships available, the National Merit Scholarship Contest is a worthwhile investment to help pay for college.
Since this is an academic merit competition, you must achieve a competitive score. Therefore, the earlier you start studying for the PSAT/NMSQT, the better.
Take a diagnostic test to find your starting point. This type of practice test will help you know which areas you should spend more time studying. Also, ask your high school counselor what the competitive score is for your state’s high school system.
National Merit Scholarship Semifinalists
Depending on your score, you can decide whether you need to prepare on your own or need extra help.
The PSAT 8/9 and PSAT 10 are not
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