What is the National Merit Scholarship?

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National Merit Scholarship

If you’re a high school junior, taking the PSAT/NMSQT seriously can open the door to one of the most prestigious academic honors available to U.S. students: recognition through the National Merit Scholarship Program. Each year, this nationwide competition identifies top-performing students based on their PSAT scores, offering opportunities for scholarships, academic distinction, and recognition from colleges across the country.

In this guide, we’ll break down exactly how the National Merit Scholarship Program works, from how to qualify to why it matters for college admissions.

What is the National Merit Scholarship?

The National Merit Scholarship Program honors outstanding high school students for exceptional performance on the PSAT/NMSQT. The program identifies the highest scorers in each state (typically those in the top 1 percent) as National Merit Semifinalists.

Students who go on to meet additional academic requirements, including strong grades, can advance to “Finalist” status. From there, they may become eligible for scholarships from the National Merit organization itself, from participating corporations, or from partner colleges that recognize and reward top scholars.

How to Qualify for the National Merit Scholarship

National Merit Scholarship

To qualify, students must take the PSAT/NMSQT during their junior year of high school, as this is the only administration of the test that counts toward National Merit eligibility. Performance on this test determines whether a student is considered for Semifinalist status, which is the first step toward becoming a National Merit Finalist.

Are There Alternative Ways to Qualify for the National Merit Scholarship?

If you were unable to take the PSAT/NMSQT in your junior year due to illness, emergency, or another serious reason, you might still be eligible for the program through Alternate Entry.

Alternate Entry allows you to use a qualifying SAT score taken during a specific time period in your junior year as a substitute for the PSAT. You’ll need to explain your reason for missing the test and follow the National Merit Scholarship Corporation (NMSC) instructions exactly.

Don’t assume you’re disqualified. Many students successfully qualify through Alternate Entry each year. Speak with your school or college counselor as soon as possible so you can submit the necessary paperwork and stay in the competition. The NMSC website also provides a template for requesting Alternate Entry, which can make the process simpler.

What Happens After You Take the PSAT?

After taking the PSAT, your score will be converted into a Selection Index, which determines your National Merit eligibility. You can find this number on your score report.

Here’s how to calculate it:

  • Drop the last zero from each section score.
  • Double your Reading/Writing score.
  • Add your Math score.

For example, if a student scores 690 on Reading/Writing and 720 on Math, their Selection Index would be:
(69 x 2) + 72 = 210.

Most state cutoffs fall between 210 and 223, but the exact number changes every year and varies by state. To qualify as a semifinalist, your Selection Index must be among the highest in your state. Knowing your goal ahead of time can help you set a target score and prepare strategically.

Advancing from Semifinalist to Finalist for the National Merit Scholarship

If your score qualifies you as a semifinalist, you’ll complete the National Merit Finalist application during your senior year. This process requires you to:

You’ll also include details about your activities, leadership, and personal achievements. This is your opportunity to show who you are beyond your test scores.

Approximately 95 percent of semifinalists become finalists, but it’s important to take this step seriously. Strong preparation and thoughtful writing can ensure you stay on track for recognition and scholarship opportunities.

How Much is the National Merit Scholarship?

National Merit Scholarship

In addition to national recognition, National Merit Finalists are often awarded generous financial aid packages from colleges that value academic excellence. Some universities offer full-tuition scholarships, priority registration, or admission into special honors programs.

For example, the University of Southern California (USC), a highly ranked private university, offers half-tuition scholarships to admitted students who are National Merit Finalists and list USC as their first-choice school. That’s a potential savings of more than $30,000 per year.

If you’re looking at competitive colleges and are concerned about cost, earning National Merit Finalist status can be one of the best ways to make college more affordable.

Can I Qualify for the National Merit Scholarship if I’m Homeschooled?

Homeschooled students are also fully eligible for the National Merit Scholarship Program. To participate, you must register as an “Away” student at a local school that administers the PSAT/NMSQT.

Just like traditional students, you’ll need to take the exam during your junior year. Follow the official National Merit instructions to find a testing location and register on time. You can use the same links to locate schools in your area that host the test.

Does Being a National Merit Finalist Matter for College Applications?

Being named a National Merit Finalist is more than just an academic honor. It gives your college applications a major boost by showing that you are a top student nationally.

If you are applying to selective schools, this honor can make a real difference when it comes to scholarships, honors programs, or even acceptance decisions. Colleges know that National Merit students are high achievers who thrive in rigorous academic settings, which makes this recognition both impressive and impactful.

Questions about the National Merit Scholarship?

If you have more questions about eligibility, scores, deadlines, or anything related to the National Merit Scholarship Program, you can contact the National Merit Scholarship Corporation directly.

📞 Phone: (847) 866-5100
🕐 Hours: Monday–Friday, 8:30 a.m.–4:30 p.m. Central Time
🌐 Website: www.nationalmerit.org/contact

It’s always a good idea to reach out if you have unique circumstances, like homeschooling, missing the PSAT, or testing through Alternate Entry. The NMSC staff can help you understand the process and ensure you remain eligible for scholarship opportunities.

Conclusion

Earning recognition through the National Merit Scholarship Program is an impressive academic achievement that can open doors to college admissions and scholarships across the country. Whether your goal is to stand out on your applications or reduce college costs, taking the PSAT/NMSQT seriously as a junior can pay off in major ways.

With the right preparation and awareness of deadlines, you could find yourself among the nation’s top scholars—and on your way to significant academic and financial rewards.

If you want to maximize your chances of qualifying or need help preparing for the PSAT/NMSQT, our team of expert tutors and college consultants can help you create a winning strategy. Reach out today to schedule your free consultation.

About the Author

Brooke Kent

College Counselor, Essay Coach

Brooke Kent, a summa cum laude graduate of Rice University, a researcher for the White House Transition Project, and the former executive writer for the director of Los Alamos National Laboratory, has spent two decades helping students tell their stories in a personalized, persuasive, and achievement-focused way. Her philosophy is simple: Your Story. Our Support. Your Solution.

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