<p>Can anyone confirm that National Merit Finalists get presidential scholarships for all four years? On the scholarship website ([USC</a> Financial Aid - Grants & Scholarships - Undergraduate - Freshmen Only Scholarships](<a href=“http://www.usc.edu/admission/fa/grants_scholarships/undergraduates/meritbasedfo.html]USC”>http://www.usc.edu/admission/fa/grants_scholarships/undergraduates/meritbasedfo.html)), it lists National Merit Presidential Scholarships under Freshman Only. Does this mean it is only given to incoming freshmen, or does this mean that it only applies for freshman year?</p>