FAQ for the PSAT/SAT NMSF/NMF process.... :)

usma87
Wed, 13 Jun 2018 18:03:05 +0000

@CupCakeMuffins - NM Scholar status is not that elusive. My DS is a NM Scholar because of the $500/yr his school kicks in as their “NMSC sponsored” scholarship. The other $26,500/yr he will receive is the school’s internal scholarship for NMF’s. Two separate items that often get confused in discussions here. A school will call the scholarship a “NMF Scholarship” but it is not through NMSC. If your child wants to go to a school like a HYPSM, the bigger challenge is acceptance. Many of those schools offer financial aid for families with up to the $200k per year income range. If the money is important, look at the thread on schools that offer NMF $$$ on CC. In my opinion, the $2500 is not a big deal. NMF status can be vary valuable if “need-based” aid is unlikely for your family.