How much money does a National Merit Scholar get?

The National Merit Scholarship awards $2,500 to each National Merit Scholar. Every year, around 7,500 high school juniors receive a National Merit Scholarship.

Is being a National Merit Scholar a big deal?

Reaching the status of National Merit Commended Scholar or Semifinalist is a strong indicator of your academic excellence to include in your application and may enable you to apply for Special Scholarships. The best way to get yourself in the running for the National Merit Scholarship is to prepare for the PSAT/NMSQT.

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 does the National Merit Scholarship work?

Students become eligible for the scholarship by illustrating high academic achievement (that's the merit part). The National Merit Scholarship Corporation sponsors this scholarship every year to recognize students who earn exceptional scores on their PSATs (that's the hand-in-hand part we mentioned earlier).

How many people get National Merit Scholar?

How many participants are honored annually in the National Merit Scholarship Program? A total of about 50,000 participants receive recognition in the National Merit^® Scholarship Program.

HOW TO WIN THE NATIONAL MERIT SCHOLARSHIP / PSAT National Merit Scholarship / National Merit Scholar

Do National Merit Scholars get money?

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.

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.

How much money does National Merit give?

The National Merit Scholarship awards $2,500 to each National Merit Scholar. Every year, around 7,500 high school juniors receive a National Merit Scholarship.

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 PSAT score do you need 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.

Is a 1400 PSAT bad?

Any PSAT score in the range of 1450-1500 is also a tremendous achievement, and an early indication that a student is academically prepared to pursue applications to top-ranked universities and colleges in the US. If you score between a 1400 and a 1450 you should also be proud.

Is 1300 a good PSAT score for National Merit?

Juniors who score between 1200–1360 fall within the top 10% of all test-takers. If you are trying to get a National Merit Scholarship you do have to get into the top 1% of test-takers. And remember that the PSAT is scored slightly different than the SAT. While the SAT score range is 400–1600, the PSAT is 320–1520.

What 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.

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 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.

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 benefits of being a National Merit Scholar?

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.

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.

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.

Does Harvard care about National Merit?

In fact, very few of the most competitive colleges and universities sponsor National Merit Scholarships®. That doesn't mean these schools don't have National Merit Scholars®. In 2020, Stanford enrolled 172, Harvard 183, and MIT 159. None of these students received National Merit Scholarships® to attend these schools.

What percent of people get National Merit?

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.

Do colleges care if you're a National Merit Semifinalist?

If the schools you are interested in do not give students money, semi-finalist to finalist is of no difference to you. Some colleges will give scholarship money to semi-finalists. It really depends on the schools you are interested in. Not being named a finalist will not impact your chances of admission at any school.

Where does National Merit Scholarship money come from?

Who finances NMSC scholarships? National Merit Scholarship Corporation scholarships are supported by about 160 corporations, company foundations and businesses, and by NMSC's own funds. In addition, approximately 160 colleges and universities provide National Merit® Scholarships.

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.