<p>Yes, it is a convoluted process but there is a method in the madness and there have been several postings and threads here explaining the process. As far as I know if you are undecided and being considered for a corporate or NMSC scholarship, they will notify you as they cannot mail out an offer without a college named. But everything I have heard so far is that you can always change the name of the school as these are fully transferable and the deadline as far as I know is May 31st. So I am very surprised by what Givings was told. It needs to be verified.</p>
<p>The 2500 NMSC scholarships are state proportionate i.e.every state has quota that depends upon the number of high school students in that. The catch here is that is does not depend upon the number who take the PSAT but the total population of HS students in that year in that state. So students at states where PSAT is not popular (e.g. mid western states), a student with a lower PSAT score may get the scholarship as opposed to someone in MA. Unfair maybe, but they want to make sure there winners from every state. </p>
<p>There was an excellent posting by Scholade recently where he had synthesized how to name a first choice. I would suggest that as an excellent reading.</p>