I saw a graph on the NMSC website that indicates within 15,000 finalists, only around 7,600 gets one of the three types of scholarships out there. After seeing the cutoff for my class (2021), I scored above the cutoff point for my state and I have confirming SAT as well as ACT scores so its pretty safe for me to assume that I will be named a finalist.
Many colleges say that they will offer scholarship to NMF who designate their school as FIRST CHOICE ranging from 10k-full ride. My question is, does all the 15,000 finalists get a chance to put down a school as their first choice or only part of the 7,600 merit scholarship winners who wins the college sponsored merit scholarship (4,600 according to NMSC) get to do that?
Sorry if it sounds confusing, I am not very familiar with the processes and term.
The source I used is https://nationalmerit.imodules.com/s/1758/images/gid2/editor_documents/merit_about_leaflet.pdf?sessionid=195ed55f-d8ef-4121-88ad-136484ec7306&cc=1