National Merit $2500 Award

mazewanderer
Thu, 06 May 2010 13:26:11 +0000

NMSC scholarships are one time $2500 deal. College scholarships can be much more that that. Let us a college gives $2000 for 4 years plus tuition plus other goodies. Now you have to remember that $2000 for 4 years is the NMF component, while the rest are not really NM scholarships but add ons. So lest us say you get the $2500, but the school gives $8000 over 4 years. What some schools will do is take the $2500 first year and $2000 for the next three years, so you get $8500 instead of $8000.

So a lot depends on how the scholarship is structured.