What is a "Good" Merit Scholarship?

<p>Though this was 5 years ago, here is a small sample of my D’s awards.
School A $15,000, B $15,000, C, $22,000, D $14,500. One school East, two in Midwest, one Southwest. School in SW was least known, but at least $10,000 cheaper than all the others, and let her take the money on Study Abroad, which some schools won’t. She took the $14,500 and had a wonderful 4 years. She considered that $10,000 she saved each year as a $40,000 scholarship she gave to herself.</p>