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The National Merit Scholarship Program is a United States academic scholarship competition for recognition and university scholarships. The program is managed by the National Merit Scholarship Corporation (NMSC), a privately funded not-for-profit organization based in Evanston, Illinois. [1] The program began in 1955.
Sep. 13—EVANSTON, Ill. — Officials of National Merit Scholarship Corporation Wednesday announced the names of more than 16,000 Semifinalists in the 69th annual National Merit Scholarship Program.
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]
Scholarships in the U.S. are awarded based upon various criteria, which usually reflect the values and purposes of the donor or founder of the award. Some scholarships for college are merit-based. Merit scholarships might be awarded based on academic achievement or on a combination of academics and a special talent, trait, or interest.
The application process is set by the agency providing the funds and often relies on data submitted via the FAFSA. While the terms grant and scholarship are frequently used interchangeably, there is a difference. Scholarships may have a financial need component but rely on other criteria as well.
The Morehead-Cain Scholarship (originally the Morehead Scholarship) was the first merit scholarship program established in the United States. [1] [2] [better source needed] It was founded at the University of North Carolina at Chapel Hill in 1951 and was named for its benefactors, John Motley Morehead III and the Gordon and Mary Cain Foundation. [2]
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