The 2020-2021 National Merit Annual Report is out. As I’ve done in years past, here’s the colleges who enrolled the most Class of 2021 National Merit Scholars — number of 2020 scholars following:
Spot-checking the most likely candidates for highest percentage: Looks like UChicago is #1, north of 15%. Pretty confident MIT is #2, with around 14%. Harvard I think is #3, about 10%. Harvey Mudd’s up there, north of 9% (tiny freshman class of ~220 helps). Stanford’s around 8%, as is Cal Tech (another tiny class). Couldn’t find any others north of 7%.
For 2023, I think Tulsa has a good chance of beating out Chicago and MIT for the top spot.
very confused about chicago. their publicized NMF scholarships are only 2-4k? That doesn’t seem enough to attract so many kids. Are they quietly giving more $$ to get them?
The school does meet full need for all and uses the FAFSA and a teeny Chicago financial aid form. This definitely benefits some students…especially those with higher income non-custodial parents.
Schools like UChicago don’t need to provide financial incentives via merit scholarships (Chicago technically does give out a very limited number, but these usually go to local area, highly desirable applicants).
Interesting as always. Because there are essentially 3 categories of schools when it comes to their policies with regard to National Merit scholarships, it is like comparing apples to oranges to bananas, but still very interesting! Fun to track individual schools over time and try to figure out what is driving the trends.
The 3 categories, as I see them, are the following:
Schools that give nothing for NMF status. Therefore the only National Merit Scholars a school like this will have are those who a) became a NMS by receiving one of the ~2500 scholarships directly from NMSC (these are given to the strongest NMFs in each state as determined by a holistic evaluation) or b) became a NMS by receiving one of the ~800* scholarships from a corporation.
These schools may have many more NMFs than NMSs. Perhaps 3-4x as many. These are students who would have become NMSs if only their schools offered school-sponsored National Merit scholarships, but they don’t. I think of them as having “hidden” NMSs. The Ivys, MIT, Caltech, Stanford and Williams are examples of schools in this group.
Schools that give trivial National Merit scholarships ($500-$2,500 per year). This small amount of money is not enough to lure away a NMF from a competitor school, but since it is technically a National Merit scholarship, it converts each of their NMFs into a NMS which can then be announced in press releases.
In these schools, essentially every eligible NMF becomes a NMS, “inflating” their numbers in comparison to schools in the first category. Schools that operate this way include UChicago, Northwestern, Bowdoin, Carleton.
The “Big Merit” schools. These schools give large amounts of money (10K,20K, half tuition, full ride etc) to NMFs who enroll. This accomplishes 2 things: a) Lures NMFs away from competitors b) converts each NMF into a NMS which are then announced in press releases.
Schools in this category include USC, Alabama, UT-Dallas, Fordham. Some of these schools (e.g. USC) would likely still attract a fair number of NMFs without these policies but others (e.g. Fordham) probably would attract very few.
*I used to say there were ~1500 corporate-sponsored National Merit scholarships, but I now realize that wasn’t quite accurate. It is true that corporations sponsor ~1500 scholarships tied to the NMSC, but I just read that only ~800 of these are given to NMFs. The other ~700 are given to other high-scoring students on the PSAT (commended students for example) who have ties to the corporation such as a parent who works there or a headquarters in their hometown.
Are there no longer scholarships funded directly by whatever organization does the NM process? Decades ago I got $2K as a NMF, but it wasn’t linked to a corporation or college (I went to a school that didn’t sponsor/give money). A friend who went to another school that didn’t sponsor/give money also got a scholarship of about the same amount, but explicitly linked to a company (Coke, if memory serves).
No these still exist. That organization is called the National Merit Scholarship Corporation (NMSC.) As I wrote above:
“one of the ~2500 scholarships directly from NMSC (these are given to the strongest NMFs in each state as determined by a holistic evaluation)”
It sounds like you received one of these scholarships.
And it sounds like your friend received one of the corporate-sponsored scholarships. Probably your friend had some sort of tie to Coke. Examples could be a relative who works for Coca-Cola, being from a hometown that has a Coca-Cola headquarters or factory, or listing a planned major that Coca-Cola cares about (maybe business, food science, engineering etc.)
I believe it’s because UChicago provides NMFs who’ve selected them as their top choice a small scholarship (like $1,000), therefore making them NMSs. The Ivies do not, so they only have NMSs who received awards from NMSC or corporate sponsors.
I always thought the vast majority of finalists got the NM $2000 scholarship. Is that not the case? What is the % of finalists who get nothing and aren’t represented on the list at all?
I do not consider NMF, NSMF really big thing. It maybe in some states but not in others. In some very competitive states the difference can be 1 point and benefit pretty much 0. For example, DD was 1 point off. She would be finalist in previos year or in many other states… However, she absolutely did not care since she did not apply to schools that gave money for it… I get it, that it may make a huge difference for some families but given TO environment now, it probably will become less relevant in the future.
I haven’t looked into the details, so I don’t know. Like @momsearcheng said, NMF/NMS is not that big a deal here in my area of NJ either. Most NMFs end up going to schools that don’t provide an NM award. So I haven’t tracked it.