National Merit Finalist vs National Merit Scholar

Why is this so confusing.? My S1 received a corporate sponsored, special scholarship or whatever it is called. We honestly didn’t really understand how it all works, Even though I previously asked questions on the board, asked his GC, called my HR department (who was more confused then me) - but I just couldn’t get a grip on it because I got different information from all. Nor did I think he would win… On his application he chose Boston College as his first choice. He was accepted to BC Honors and a few other great schools but I can’t seem to figure out if he gets anymore money because of it. I kind of feel slighted that there is not information out there. He was not a NMF, low PSAT scores - he had a bad day…

Because his PSAT was low, didn’t think winning would mean anything other then $$ from my job

Dew123,
yes you can use that one time award at an Ivy.