<p>My son has been corrosponding with his admissions counselor at Tulane about additional aid, he recently received this information from her regarding National Merit Scholar money:</p>
<p>"National Merit Scholarships: </p>
<ul>
<li> Awarded to NMS finalists who are not awarded a scholarship on the national level. If a student is named by National Merit as a finalist and has designated Tulane as their first choice school, we will award a Tulane-sponsored National Merit scholarship. It will be in the amount of $2000 or $500 depending on need. If a student has the $2000 award, it replaces Tulane need-based scholarship, so it may not be additional money. Your guidance counselor should have the application. "</li>
</ul>
<p>The web site says $2000 a year, renewable for 4 years and doesn't mention need at all- so this is either a signifcant change since last year or a mistake on the counselor's part.</p>