Since 1971, the PSAT/NMSQT has provided millions of students with the opportunity to practice for the SAT and qualify for the National Merit® Scholarship Program. This year, students taking the first administration of the redesigned PSAT/NMSQT and the new PSAT 10 had access to nearly $180 million in combined annual awards through our new scholarship partners. These new partnerships, combined with the College Board’s longstanding partnership with National Merit Scholarship Corporation (NMSC), create a portfolio of scholarship opportunities that reach every major segment of students.
Note that our new scholarship partners use both PSAT/NMSQT and PSAT 10 results to identify candidates for scholarships; the National Merit Scholarship Program uses only PSAT/NMSQT scores.
Our collaboration with these new scholarship providers has resulted in expanded scholarship opportunities for students.
PSAT/NMSQT and PSAT 10 Increase Reach of Scholarship
As a result of taking the PSAT/NMSQT or PSAT 10, more applicants have been identified as potential recipients of Jack Kent Cooke Foundation scholarships than ever before.
- 12% of the Jack Kent Cooke Scholarship applicant pool were identified because they took the PSAT/NMSQT or PSAT 10.
- 24% of the semifinalists were identified because they took the PSAT/NMSQT or PSAT 10.
- 32% of Cooke Scholars were identified because they took the PSAT/NMSQT or PSAT 10, with each recipient receiving the full $40,000/year in scholarships.
“The College Board partnership has helped us dramatically increase our reach to high-achieving students with financial need. This year, for the first time in our program’s history, we had nearly 5,000 applicants to our college scholarship program.”
– Harold Levy, Executive Director, Jack Kent Cooke Foundation
National Hispanic Recognition Program Helps Kids Get to College
The NHRP recognizes academic excellence in Hispanic/Latino students and is linked to PSAT/NMSQT scores. In a recent study titled College Enrollment and Completion Among Nationally Recognized High-Achieving High School Students, the College Board examined the impact of NHRP recognition for the graduating high school cohorts of 2004–2010. Compared to nonrecipients, students who receive the NHRP recognition are:
- 19.5% more likely to enroll in a public flagship college.
- 16.1% more likely to enroll in an out-of-state college.
- 1.8% more likely to enroll in a four-year college.
In addition, the NHRP increased four-year bachelor’s degree completion among Hispanic/Latino students with the lowest levels of parental education by 21%.
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