Hey everyone, I'm gonna be applying to Penn State and I'm curious about their National Merit Scholarships. Has anyone had experience with these? What kind of financial aid can I expect if I'm a National Merit Scholar?
Hey there! Congrats on being a National Merit Scholar! For students who apply to Penn State and achieve National Merit status, there is some financial assistance available. While the specific amounts can vary from year to year, Penn State typically offers a range of scholarships for National Merit Semifinalists and Finalists.
In the past, students who were designated as National Merit Finalists and listed Penn State as their first-choice institution could receive a scholarship covering up to half of the in-state tuition. This approximately amounts to $9,000 per year. National Merit Semifinalists could also receive a smaller scholarship, usually around $1,000 to $2,000 per year.
Keep in mind that these numbers are subject to change and depend on availability of funds. Additionally, these scholarships are often renewable for up to four years, provided you meet the eligibility criteria and maintain a good academic standing.
I would recommend checking with Penn State's Office of Student Aid as they can provide the most up-to-date information on these scholarships and other financial aid opportunities.
In addition to Penn State's financial aid, National Merit Scholars are also eligible for awards from the National Merit Scholarship Corporation (NMSC), which varies from corporate-sponsored awards to college-sponsored awards.
Good luck on your application to Penn State and with your scholarship opportunities!
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