How many people become National Merit Scholars?

Of the 15,000 Finalists, about 8,000 receive Merit Scholarship awards. All Finalists are considered for one of the 2,500 National Merit $2,500 Scholarships.

How rare is a National Merit Scholar?

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.

How many National Merit finalists become Scholars?

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. The release is made available here to provide information about the National Merit Scholarship Program.

Is National Merit Scholarship prestigious?

The monetary benefits offered by the National Merit Scholarship are often the main attraction for students considering this prestigious award. However, it is important to evaluate these benefits carefully and understand how they can impact your overall educational journey.

How many National Merit finalists are there 2023?

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.

National Merit Scholarship Program: What Is It and How It Works?

How prestigious is National Merit finalist?

Recognition: Being a National Merit Finalist is a significant achievement and can be included on college applications, resumes, and other professional documents. Increased college admissions chances: Many colleges and universities give preferential treatment to National Merit Finalists in the admissions process.

How hard is it to become a National Merit finalist?

Regardless of the exact cutoff for your state, all of the students who qualify earn high scores—less than the top 1% of high school students advance to become Semifinalists. The College Board includes this on your PSAT score report if you're eligible.

How impressive is National Merit?

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.

Are National Merit Scholars smart?

Assuming the lower bound is 131, the median National Merit Scholar (a student at the 50th percentile of the group) will have an IQ of 135.

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.

What percent of people get National Merit finalist?

About 95% (over 15,000) of the Semifinalists are expected to become Finalists and receive a Certificate of Merit attesting to their distinguished performance in the competition.

Do National Merit finalists get money?

National Merit^® $2500 Scholarships

All Finalists compete with all other Finalists in their state or other selection unit. Awards provide a one-time payment of $2,500.

How competitive is National Merit Scholarship?

Out of around 1.5 million eligible high school students, the program identifies 50,000 top scorers for commendation or a scholarship. That means the program recognizes the top 3% of test-takers nationally. Less than 1% of test-takers will receive a scholarship.

Was Bill Gates a National Merit Scholar?

He was a National Merit Scholar when he graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the Scholastic Aptitude Tests (SAT) and enrolled at Harvard College in the autumn of 1973. He chose a pre-law major but took mathematics (including Math 55) and graduate level computer science courses.

What does being a National Merit Scholar get you?

In the National Merit^® Scholarship Program, three types of Merit Scholarship^® awards are offered to Finalists: National Merit $2500 Scholarships, corporate-sponsored Merit Scholarship awards, and college-sponsored Merit Scholarship awards.

How do I know if I was a National Merit Scholar?

HOW WILL SEMIFINALISTS KNOW IF THEY BECOME FINALISTS? On February 5, 2024, NMSC will mail a Certificate of Merit for each Finalist to the Finalist's high school principal. On February 12, 2024, NMSC will mail a letter to each Finalist at their home address.

Does Harvard accept National Merit?

Some colleges that do NOT sponsor scholarships for National Merit students include Harvard and other Ivy League schools, Middlebury College, MIT, Stanford, and Williams College. You must choose one of the sponsor colleges as your first-choice school on your application to be considered for a scholarship.

Does Harvard accept National Merit Scholarship?

Outside Awards

Like many of our students, you may receive scholarship funds from sources outside Harvard, such as secondary schools, civic organizations, your parental employers, corporations, the National Merit Scholarship Programs, and the ROTC.

Is National Merit hard?

The program is administered by the National Merit Scholarship Corporation (NMSC), a privately-funded non-profit organization. Winning a National Merit Scholarship is a fairly difficult undertaking. Each year, the NMSC screens approximately 1.5 million qualifying entrants.

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.

How many people are National Merit finalists each year?

Of the 15,000 Finalists, about 8,000 receive Merit Scholarship awards. All Finalists are considered for one of the 2,500 National Merit $2,500 Scholarships.

Which schools have the most National Merit finalists?

Do Ivy Leagues care about National Merit?

Ivy League schools don't award any merit scholarships, which includes National Merit Scholarships. These schools have the highest achieving students applying to their institutions and would rather award need-based financial aid to assist the most students in a fair and equitable manner.

What is the average score on the National Merit Scholarship?

PSAT NMSQT Qualifying Scores for 2022

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.

What percentile are National Merit Scholars?

How high do you need to score on the PSAT/NMSQT to qualify as a National Merit Semifinalist? You need to be in the top 1% of test takers in your state or 99th percentile.