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How many National Merit finalists are there 2023?

(Evanston, Illinois) Today, National Merit Scholarship Corporation (NMSC®) announced this year's National Merit $2500 Scholarship winners. The 2,500 Merit Scholar designees were chosen from a talent pool of more than 15,000 outstanding Finalists in the 2023 National Merit Scholarship Program.
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How many National Merit finalists are chosen?

Of the 15,000 Finalists, about 8,000 receive Merit Scholarship awards.
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How do you know if you're a National Merit finalist?

Finalists are notified in early February by mail at their home addresses. A student may also access their Finalist letter through their Online Scholarship Application account.
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How many people get the National Merit Scholarship each year?

Some 7,140 National Merit Scholarships of three types and approximately 740 Special Scholarships will be awarded in 2025; these 7,880 awards will have a combined value of over $35 million.
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How rare is National Merit finalist?

A finalist chances of winning

Of the 1.5 million applicants who submitted a PSAT score, there are only 7,250 National Merit Scholarship winners. This means you have a 0.5% chance of becoming a National Merit Scholar, making this one of the most competitive merit-based scholarships.
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HOW TO WIN THE NATIONAL MERIT SCHOLARSHIP / PSAT National Merit Scholarship / National Merit Scholar

Is National Merit top 1%?

The top 1%, usually about 16,000 students, are named National Merit Semifinalists. Semifinalists may go on to apply for Finalist status and potentially win scholarship money. As I mentioned above, NMSC uses its own Selection Index along with state percentiles. Let's take a look at how your scores convert to this index.
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How hard is it to be a National Merit finalist?

Each year, the top 50,000 PSAT get commendation letters from the National Merit program, and 16,000 of those students qualify as Semifinalists. The cutoff score for Semifinalists varies by state and by year.
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Do all National Merit finalists get money?

Although all students who become Finalists are outstanding, not all Finalists receive a Merit Scholarship award. Of the 15,000 Finalists in the 2024 program, about half will win an award, and no student will receive more than one scholarship offer from NMSC.
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How do I know if I'm a National Merit semifinalist?

In general, students who score in the top 3-4% are named Commended Scholars, while students who score in the top 1% are deemed Semifinalists. Students are compared on a state-by-state basis. The NMSC's Selection Index ranges from 48 to 228 and is based on PSAT section scores.
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Is 1400 enough for National Merit?

First, a 1400 is an excellent score on the PSAT, so congratulations on that achievement. However, whether it qualifies for National Merit does depend on the state you're in, as whether or not you're named a semifinalist depends on whether your score is within the top 1% of test-takers in your state.
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What score is good enough for National Merit?

National Merit cutoff scores

You can see that a Selection Index score of 221 would qualify a student for National Merit Semifinalist status in most states, but some states required higher scores, including Massachusetts, with a cutoff of 222, and New Jersey, with a cutoff of 223.
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What percentile gets National Merit?

What Is a Good PSAT Score for National Merit? Each year, NMSC recommends the top 1% of junior semifinalists for a scholarship, meaning you'll typically have to score in the 99th percentile. Of those students, fewer than 8,000 will receive a scholarship.
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What is the difference between a National Merit semifinalist and a finalist?

Finalists. A Semifinalist must fulfill several additional requirements and advance to the Finalist level of the competition before being considered for a National Merit Scholarship.
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What is the difference between National Merit finalist and semifinalist?

To compete for National Merit Scholarships, Semifinalists must advance to the Finalist level of the competition by fulfilling several additional requirements. A Semifinalist can become a Finalist and compete for a Merit Scholarship award in only one program year.
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What schools have the most National Merit finalists?

Most-Selective Colleges for National Merit Finalists 2021
  • University of Southern California. 3rd. ...
  • Vanderbilt University. 4th. ...
  • Emory University. 5th. ...
  • Tulane University. 6th. ...
  • Tufts University. 7th. ...
  • Davidson College. 8th. Davidson College. ...
  • Boston University. 9th. Boston University. ...
  • Carleton College. 10th. Carleton College.
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What percentage of students become National Merit Finalists?

About 95 percent of the Semifinalists are expected to attain Finalist standing, and about half of the Finalists will win a National Merit Scholarship, earning the Merit Scholar® title.
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What is the difference between National Merit finalist and winner?

Finalists are named Scholars (what the contest calls the scholarship winners) based on the strength of their applications. National Merit Scholars typically have outstanding applications that demonstrate their academic commitment, extracurricular and community involvement, passion, and drive.
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What PSAT score do you need to be a National Merit Scholar?

The Selection Index ranges from 48-228 and is equal to the sum of your test scores for Math, Reading, and Writing and Language. For the 2022 scholarship cycle, 207 represented the national qualifying score cutoff.
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What are the benefits of being a National Merit finalist?

What Can Being a National Merit Scholar Mean to You?
  • Awards range from $2,500 National Merit Scholarships to corporate- and college-sponsored scholarships.
  • Variable and fixed renewable corporate-sponsored awards range from $500 to $10,000 a year, with single-payment one-time awards of $2,500 to $5,000.
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Is NHS a National Merit?

National Merit Finalist and National Merit Scholar recognition are both appropriately designated as National honors. Since National Honor Society selection is done at the school level, you should designate it as a school honor.
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Do Ivy Leagues care about National Merit?

Universities have the option to sponsor a National Merit Scholarship in an effort to net freshmen who have earned this impressive distinction. However, many highly-selective schools like those in the Ivy League or Ivy-equivalent colleges choose not to participate in this merit-based scholarship program.
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Is National Merit a big deal?

This is considered a great honor that is documented in a Certificate of Merit. Around 15,000 semifinalists advance to this standing. Merit Scholars: About 7,500 seniors are notified in March that they received the designation of “Merit Scholar” and are awarded the $2,500 National Merit Scholarship.
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What is the average score of a National Merit Scholar?

PSAT NMSQT Qualifying Scores for 2022

Selection Index cutoffs compare the scores of test takers in each state. You'll probably get national percentiles on your PSAT score report, but state percentiles are the ones NMSC uses to award students. The average of all the PSAT NMSQT qualifying scores is 215.
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Does 99th percentile mean National Merit?

The 16,000 remaining students who rank in each state's top 1% (or 99th percentile) are National Merit Semifinalists. To be named a semifinalist, you must score at or above your state's Selection Index score, which is established at the 99th percentile for tests taken by a state's students.
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