Class of 2023 National Merit discussion

What’s the best strategy on the first choice?
My son just made the NMSF. We are figuring out what to do with it. We have BU, USC, and Alabama in mind. We are aiming for the Presidential Scholarship or the full ride. The NMSC money ($2500, corporate or college-sponsored) is nice to have but isn’t as important.
Do you leave the choice as undecided until you know which school to go? If you do so are you going to be excluded from the consideration of the college sponsored scholarship?
If we pick BU as first choice (for its 3/1 deadline) and received the college sponsored scholarship, can we change to USC for the half tuition waiver? The NMSC website says that once you receive a college sponsored scholarship they are not going to process and report the first choice change.

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