National Achievement® Scholarship Program vs National Merit Scholarship Program

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

National Achievement® Scholarship Program National Merit Scholarship Program
Prestige Tier Tier 2 — Highly Competitive Tier 1 — Elite
Type Scholarship Scholarship
Organization National Merit Scholarship Corporation (NMSC) National Merit Scholarship Corporation (NMSC)
Acceptance Rate Approximately 0.74% of participants became Achievement Scholars (34,000 out of 4.6 million) 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 4.6 million total participants over 51 years (average ~90,000 per year) Approximately 2-2.3 million high school juniors take the PSAT/NMSQT annually
Deadline Rolling
Award $2,500
Cost to Apply Free Free
US Only Yes Yes
Grades Was grades 10-11 (PSAT/NMSQT testing year) Primarily high school juniors (PSAT/NMSQT is taken in October of junior year, though sophomores can also take it)
College Impact {'how_viewed': 'Major accomplishment showing top academic achievement; comparable to National Merit recognition', 'prestige_level': 'Achievement Scholar title was highly prestigious for college admissions', 'lasting_recognition': 'Title remained on student record and was noted in college applications throughout academic career', 'scholarship_connections': 'Many colleges specifically recruited National Achievement Scholars and offered additional financial aid', 'college_admissions_value': 'Significantly boosted applications to selective colleges; demonstrated exceptional academic merit and potential'} 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...