<p>The finalist status depends more than just on PSAT score. They consider your SAT score, GPA, and essays. If your SAT is comparable to your PSAT (which is perfect, presumably) and your GPA is good, then there is a large chance that you will be a finalist.</p>
<p>PSAT cutoffs for NMSF are determined once you get your PSAT scores. You'll be applying for Finalist status senior year, after you have taken the SAT.</p>
<p>Notified in April of commended/semi-finalist status, although not which one.</p>
<p>In the early fall, NMSF will be notified and then can begin the application process for NMF. NMF status will be partly based on SAT scores; SAT scores must confirm the PSAT score. If you made a 240 on the PSAT and can't get an SAT score above 1500 - PROBLEM. (Hmmm, wonder if you can superscore?) The hs sponsors you, I believe, with a recommendation and by submitting grades and ecs. An essay is required also.</p>
<p>Once the PSAT scores came in, mail started coming from colleges. A lot of the mail referred to the PSAT score and NMF, so the universities are on top of the scores. Good colleges too - several letters from Yale, NYU mentioned special classes, Tx. A&M offered to pay travel fare for a visit, ... so yes, NM is a GOOD thing.</p>
<p>Many colleges award NM merit scholarships, regardless of whether the NM Corporation itself gives any money. (Ex. Rice awards $1000 dollars (semester? year?) to NMF and some universities much more.) Totally independent of whether a parent is employed by a NM sponsor corporation</p>
<p>There is tons of good information at this web site. National</a> Merit Scholarship Corporation
Also, there are many threads already out there about this topic! I am always amazed by people asking for help before seeking it out themselves.</p>
<p>There is at least one alternate test date in November -- if you're speaking hypothetically, you could talk to the administration about making it up then (in the worst case, you'd have to travel a bit to get to a school that administers it.) If this happened to you last year, you're SOL.</p>