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National Merit Scholarship Program

July 20th, 2008 · No Comments

Tags: Financial Aid


The National Merit Scholarship Program is based on academic testing and every year aproximately 10,000 students win some level of funding with most averaging about $2,500.

The preliminary exams are based on your PSAT test scores and a group of students that perform well on the test can go on to the finals to compete for both money and honors.

Types of Merit Scholarship® Awards
Beginning in March and continuing to mid-June, NMSC notifies approximately 8,200 Finalists at their home addresses that they have been selected to receive a Merit Scholarship® award. Merit Scholarship awards are of three types:

National Merit® $2500 Scholarships
Every Finalist competes for these single payment scholarships, which are awarded on a state representational basis. Winners are selected without consideration of family financial circumstances, college choice, or major and career plans.

Corporate-sponsored Merit Scholarship awards
Corporate sponsors designate their awards for children of their employees or members, for residents of a community where a company has operations, or for Finalists with career plans the sponsor wishes to encourage. These scholarships may either be renewable for four years of undergraduate study or one-time awards.

College-sponsored Merit Scholarship awards
Officials of each sponsor college select winners of their awards from Finalists who have been accepted for admission and have informed NMSC by the published deadlines that the sponsor college or university is their first choice. These awards are renewable for up to four years of undergraduate study.

 
Special Scholarships
Every year, some 1,500 National Merit® Program participants, who are outstanding but not Finalists, are awarded Special Scholarships provided by corporations and business organizations for students who meet the sponsor’s criteria. To be considered for a Special Scholarship, students must meet the sponsor’s criteria and entry requirements of the National Merit Scholarship Program. They also must submit an entry form to the sponsor organization.

 

For More Information Visit www.nationalmerit.org

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