<p>*Because they specified that only 8,200 finalists would get a scholarship, I was under the impression that they selected 50% of finalists to offer scholarships to. </p>
<p>Why do the other 6,800 not get scholarships? Is it just because they pick a college that gives limited National Merit Scholarships?*</p>
<p>Usually, it’s because they pick a college that doesn’t give any NMF money, and they don’t have a parent who works for a corporation that gives a NMF scholarship. Yes, some pick schools that don’t give every NMF a scholarship, but I wonder how many NMFs end up going to those schools.</p>
<p>NMCorp has limited funds of its own, which is why it can only give 2500 one-time scholarships of $2500 (which is still more than $6M a year! )</p>