<p>^^^
"Washington and Lee participates in the National Merit Scholarship program ([National</a> Merit Scholarship Corporation](<a href=“http://www.nationalmerit.org%5DNational”>http://www.nationalmerit.org)). Admitted students who are named Finalists in the National Merit Program and who list W&L as their first choice school will receive either a Corporate award or an institutional award from W & L. The amount of the Corporate award varies based upon the sponsoring corporation. The amount of the institutional award is as follows: </p>
<p>For a student who is already receiving a merit-based award from Washington & Lee, the National Merit Award is $750.</p>
<p>For a student who is already receiving a need-based award from Washington & Lee, the National Merit Award is $2000.</p>
<p>For a student who is not receiving either merit- or need-based aid from Washington & Lee, the National Merit Award is $750. In addition, these students will receive a $5000 Gaines Scholarship which will be renewed each year and which will not increase or decrease in value, provided the recipient maintains a 3.3 grade point average."</p>
<p>Hope that helps. Funnily, (is that a word?) my initial Google search showed this thread. lol</p>
<p>[The</a> National Merit Scholarship :: Washington and Lee University](<a href=“http://www.wlu.edu/x34823.xml]The”>http://www.wlu.edu/x34823.xml)</p>