<p>I’m not sure that’s correct. USC gives the half-tuition presidential scholarship to all NM finalists. And on top of that, $1,000 per year, which is technically - I think - the part that would otherwise be the more official National Merit Award. I’m pretty sure I’ve seen posts that suggest you could also get a NM Scholar award or corporate award instead of the $1k per year award from USC. In other words, Presidential plus the extra bit, regardless of source. It makes sense to me, but unfortunately I don’t have it documented.</p>