What percentage of National Merit semifinalists become 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.

How many people get National Merit finalist?

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 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 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.

How selective is National Merit finalist?

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.

PSAT Tips From a National Merit Finalist

Is National Merit finalist a big deal?

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 rare is National Merit finalist?

Out of the roughly 1.5 million students taking the exam in 2023, only 50,000 will qualify for National Merit Program recognition. Right off the bat, 34,000 of this high-scoring group will be handed Letters of Commendation, but they will not continue on in the competition for a monetary scholarship.

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.

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.

What is the difference between a National Merit semifinalist and a finalist?

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.

Do Ivies 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.

How are National Merit finalists notified?

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. See Information about the National Merit Scholarship Competition for additional details.

Is National Merit finalist good for college?

At the very least, doing well in the National Merit Scholarship Program can boost your odds in the college application process. Award amounts are the focus of many frequently asked questions about the scholarship program and its benefits, but dollars aren't the only measure of how Merit Scholars benefit.

Do all National Merit finalists get $2,500?

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 colleges have the most National Merit finalists?

What are the benefits of being a National Merit finalist?

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. In addition to a National Merit Scholarship, students with qualifying PSAT scores can receive merit scholarships offered by businesses and colleges.

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

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.

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.

Do National Merit Scholars get into Ivy League schools?

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. After all, schools of this ilk naturally attract more applicants with these qualifications than they can even admit.

Is 1420 PSAT good enough for National Merit?

To begin with, the PSAT score range is from 320 to 1520.

The average PSAT score is around 920 (460 in Math and 460 in Evidence-Based Reading and Writing), while an outstanding PSAT score (one that will qualify you as a National Merit Scholarship semi-finalist) is between 1420 and 1480.

Does a 1300 PSAT qualify for National Merit?

Based on your PSAT score of 1300 (690 EBRW and 610 Math), it is possible that you may qualify for National Merit consideration next year. However, it's important to note that the qualifying score varies by state and is based on the scores of other students in your state who take the PSAT.

Is 1470 PSAT enough for National Merit?

To be competitive for National Merit Semifinalist status, students need to score about 1400 on the PSAT in less competitive states like Wyoming, Montana, and North Dakota . . . or about 1470 on the PSAT in more competitive states like Connecticut or New Jersey.

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.

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 GPA do you need to be a National Merit finalist?

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.