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

JBStillFlying
Thu, 24 May 2018 19:27:39 +0000

@CupCakeMuffins: Sorry, just realized that link didn’t break down the numbers for you. Here are bits from the instructions that the NMSF’s receive. They don’t specify a number for the one-time $2500 scholarship but one can do the math and see that it’s about 2,500 who are awarded:

“Who can win a corporate-sponsored Merit
Scholarship award?
About 1,000 corporate-sponsored Merit Scholarship
awards will be offered in 2018 to Finalists who meet
specifi ed criteria. Most of the 230 corporate sponsors that
underwrite these scholarships designate them for children
of their employees; however, some sponsors specify their
awards for residents of communities in which the company
has plants or offi ces, or for Finalists pursuing college
majors and careers the grantor organization wishes to
encourage”

"Which Finalists can be considered for
college-sponsored Merit Scholarship awards?
About 190 colleges and universities have made arrangements
with NMSC to sponsor National Merit Scholarships in the
2018 competition, and it is expected that some 4,000 of these
awards will be offered to Finalists next spring. (See Sponsors
-2-
of National Merit® Scholarships which is posted online in
the “Competition Instructions” section of the OSA.) To be
considered for a college-sponsored award, a Finalist must
meet all three of the following conditions. The Finalist:
• must have notifi ed NMSC that the sponsor college is his
or her fi rst choice;
• must have applied for admission to that institution; and
• must not have been offered any other National Merit
Scholarship.
Every college-sponsored award is offered with the
condition that the Finalist has been admitted for the fall
term and will attend the sponsor college. Because every
college-sponsored award can be used only at the institution
fi nancing it, the scholarship is canceled if the winner
changes college choice. "