How much does National Merit Scholar matter?

Certain universities will also award sizable merit aid scholarships (up to full tuition), even for Semifinalists. A National Merit designation can help in the admissions process. However, your SAT/GPA and “hook” will matter more at America's most selective schools.

Is it a big deal to be a National Merit Scholar?

National Merit Semifinalists

Gaining recognition as a National Merit Semifinalist is a prestigious achievement to include on college applications, and many colleges and corporate sponsors offer special scholarships to these students, even if they don't become 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.

How hard is it to be a National Merit Scholar?

Of the 1.3 million eligible students who take the PSAT/NMSQT, only about 50,000 of the highest scoring students will receive program recognition. Students whose scores qualify them for recognition in the National Merit Program will be notified through their high schools in September following the test administration.

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.

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

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.

What is the benefit of a National Merit Scholar?

Finalists compete with all other Finalists in their state or selection unit for one of the 2,500 National Merit $2500 Scholarships. Winners are selected by a committee of college admission officers and high school counselors. National Merit^® $2500 Scholarships provide a single payment of $2,500.

What percent of people are National Merit Scholars?

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.

What percentile do I need for National Merit Scholar?

But to become a National Merit Scholar, you'll need to outscore over 99% of PSAT test-takers. What PSAT score will you need for a National Merit Scholarship?

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.

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.

What happens if you get National Merit?

Scholarship Opportunities: National Merit Finalists are eligible for prestigious scholarships, including the National Merit Scholarship Program, corporate-sponsored scholarships, and college-sponsored scholarships. These scholarships can provide substantial financial support for higher education.

What percent of Ivy League students are National Merit Scholars?

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.

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.

Is National Merit hard?

How hard is it to get the National Merit Scholarship? Earning a National Merit Scholarship is a rigorous academic process that is not guaranteed by any one action. Less than 1% of the approximately 1.5 million high school students who take the PSAT will become a National Merit Scholar.

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.

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

What happens if you are a National Merit semifinalist?

Those who score in the top 1% achieve the distinction of National Merit Semifinalist. Most of these students move on to become National Merit Finalists, with some winning scholarship money for college. Being named a National Merit Semifinalist is a huge achievement along the path to college.

How many kids are National Merit Scholars?

This title is given to approximately 16,000 students each year based on their performance on the PSAT/NMSQT (Preliminary SAT/National Merit Scholarship Qualifying Test) taken during their junior year of high school.

How do you know if you're a National Merit finalist?

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.

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.

What is the difference between National Merit Scholar and National Merit finalist?

Semifinalists are invited to complete the National Merit Scholarship Application, which includes writing an essay. Of the 16,000 Semifinalists, about 15,000 will be considered Finalists. About half of the Finalists will eventually be chosen as Merit Scholarship winners.

What is the difference between National Merit Scholar and finalist?

Finalists are typically announced in February of their senior year of high school. National Merit Scholar: National Merit Scholarships are awarded to a subset of Finalists who demonstrate exceptional academic achievements, leadership, and community involvement.

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.

Do you need National Merit for Ivy League?

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.