Davidson Fellows Scholarship vs National Merit Scholarship Program

Comparing two elite interdisciplinary opportunities. Both are scholarships for high school students.

Davidson Fellows Scholarship National Merit Scholarship Program
Prestige Tier Tier 1 — Elite Tier 1 — Elite
Type Scholarship Scholarship
Organization Davidson Institute for Talent Development National Merit Scholarship Corporation (NMSC)
Acceptance Rate Extremely competitive; estimated 1-3% acceptance rate (specific data not publicly disclosed) Approximately 1% of PSAT takers qualify as finalists (about 50,000 semifinalists from 2+ million test takers, with ~95% advancing to finalist status). Extremely competitive - top 1% nationally.
Applicants Hundreds of applicants annually across all categories (exact number not publicly disclosed) Approximately 2-2.3 million high school juniors take the PSAT/NMSQT annually
Deadline Rolling
Award $100,000 $2,500
Cost to Apply Free Free
US Only Yes Yes
Grades Must be in high school or younger (any grade level acceptable as long as under 18) Primarily high school juniors (PSAT/NMSQT is taken in October of junior year, though sophomores can also take it)
College Impact Davidson Fellows is viewed with extremely high regard by college admissions officers at top universities. Winning or being named a finalist demonstrates exceptional achievement and intellectual capabi... National Merit Scholar status is highly prestigious in college admissions and is viewed very favorably by selective universities. Many colleges actively recruit National Merit Scholars and offer autom...