<p>National Merit Finalists; must designate Rice as their first choice with the National Merit Corporation $1,000, Renewable for four years.</p>
<p>You can reject the national merit and get possibly $1000 a year from Rice i.e. $4000. Rice may be one of those schools that allow you to keep the $2500 for the first year and give $1000 for the next threes, best of both worlds. Talk to Rice first and see how they handle that. Look at your other schools and see how they handle that before you make a decision.</p>
<p>Please do not confuse between the official and unofficial parts of a school scholarship.</p>