How many people get National Merit every year?

A total of about 50,000 participants receive recognition in the National Merit^® Scholarship Program.

How rare is a National Merit Scholar?

A specific number of students, which varies each year, advance to Finalist standing based on these criteria. At the end of the competition, a select group of Finalists are chosen to receive $2500 National Merit Scholarships. Scholarship winners represent less than 1% of the initial pool of student entrants.

How many students take Nmsqt each year?

The first step in the selection process is taking the PSAT/NMSQT (Preliminary SAT/National Merit Scholarship Qualifying Test) during a student's junior year of high school. This test serves as an initial screening tool and approximately 1.5 million students take it each year.

Is National Merit Scholarship prestigious?

While the National Merit Scholarship is a prestigious award, it is not need-based. This means that students from lower-income families may have a harder time affording college even if they do receive this scholarship.

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?

Does a 1400 PSAT qualify for National Merit?

Does a 1400 PSAT Qualify for National Merit? Based on the scores of real grade 11 students who took the PSAT, a score of 1400 puts you in the 97th percentile. You may not qualify for the National Merit Scholarship with this score: it also depends on the cut-off scores of your state.

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 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.

Do Ivy Leagues care about 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.

What are the odds of becoming a National Merit Scholar?

Ultimately, a National Merit finalist has about a 50% chance of being selected as a National Merit scholar. 7,250 finalists will become National Merit Scholars, receiving a National Merit Scholarship amount of $2,500 to help cover the cost of college.

What percentage of students get National Merit?

Less than 5% of test takers receive any commendation from the National Merit program.

What PSAT score do I need for National Merit?

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.

What PSAT score do you need for National Merit 2023?

Overall, you need to get a section score above 715 on both sections of the PSAT to compete for National Merit, with some states requiring even higher section scores. Again, aim for a few points higher than the minimum, as cutoffs can vary somewhat from year to year.

What is the average IQ of a National Merit Scholar?

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. However, the PSAT is correlated to the SAT at only about a 0.87 level, and probably does a worse job discriminating between high IQ individuals since it is easier.

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.

How much money do National Merit finalists get?

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.

What is the least competitive ivy?

Does Yale accept National Merit?

Yale does not award merit-based scholarships, but Yale students often qualify for merit awards from other organizations. Some resources for finding outside scholarships are listed under Sources for Outside Aid.

Which schools have the most National Merit finalists?

Do colleges care if you are a National Merit Scholar?

While the size of the award isn't as generous as other programs you'll find in your quest to find and win scholarships, it's worth educating yourself on this award for one huge, added benefit: being a National Merit Scholar can provide a powerful boost to your college application.

What GPA do you need for National Merit?

National Merit Semi-Finalist and Finalist students take their academics seriously. You must maintain a 3.5 or higher GPA to qualify for the application process and maintain that GPA throughout your four years of high school.

Is National Merit top 1%?

To become a National Merit Semifinalist, you have to score in the top 1% of students in your state.

How rare is National Merit Semifinalist?

Semifinalists. More than 16,000 of the high scorers, representing less than 1% of the nation's high school graduating seniors, will qualify as Semifinalists. Only Semifinalists will have an opportunity to advance in the competition for Merit Scholarship^® awards.

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.