NMS $2500 vs. college-sponsored scholarships

MD_Mom_1
Sat, 09 Feb 2013 00:17:01 +0000

National Merit Scholar is the term used for kids who get money. If students do not get the scholarship money through NMC, another corporation, or a college, the designation is National Merit Finalist.

Sosomenza, if a student gets the $2500 award, it is a one-time award. Colleges sometimes decrease the first year award by that amount but award the rest of college’s scholarship money.

As far as corporate awards to finalists, those awards are awarded first and those kids are not considered for the NMC $2500. Some kids who get the corporate awards have high enough stats that they would most likely have been awarded the NMC money had their names not been taken out. Corporate awards vary widely. My daughter’s corporate award was $1000 per year, so it was a better deal for her.