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The NMSC uses the PSAT/NMSQT as the initial screen of over 1.5 million program entrants. In the spring of the junior year, NMSC determines a national Selection Index qualifying score (critical reading + math + writing skills scores all multiplied by two) for "Commended" recognition, which is calculated each year to yield students at about the 96th percentile (top 50,000 highest scorers).
In 2006, TAG had two National Merit Scholarship winners, one received the Achievement Scholarship for outstanding black students and the other received the National Merit $2,500 Scholarship. [36] In 2004, a TAG student won the statewide Tom Luce Advanced Placement Scholarship, a $5,000 award given once a year. [37]
Scholarships may have a financial need component but rely on other criteria as well. Some private need-based awards are confusingly called scholarships and require the results of a FAFSA (the family's EFC). However, scholarships are often merit-based, while grants tend to be need-based. Some examples of grants commonly applied for in the U.S.:
The Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) is a standardized test administered by the College Board and cosponsored by the National Merit Scholarship Corporation (NMSC) in the United States. In the 2018–2019 school year, 2.27 million high school sophomores and 1.74 million high school juniors took the PSAT. [1]
Need-blind schools tend to be selective, due to the large number of applications they receive. Each institution has its own definition of meeting the full demonstrated need. Some schools meet this need through grants and/or merit or talent scholarships alone, while others may include loans and work-study programs.
While the program itself does not provide financial support, some universities award substantial scholarships to National Hispanic Scholars. For example, Arizona State University, [4] the University of Arizona, [5] and the University of Kentucky [6] provide the same scholarships to National Hispanic Scholars as they do to National Merit Scholars.
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