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The Perfect Psat And Sat Scores For Obtaining College Scholarships
Several colleges will give full scholarships for perfect PSAT scores. Several will grant a lesser amount of money for a perfect PSAT score. Some colleges will not supply merit aid based on test scores at all. It varies between colleges.
A perfect score on the PSAT will mean the student will at least be a "National Merit Commended" scholar. Children do not have to be PERFECT to be commended. At the same time, there is no set score that will ensure that they go beyond Commended Scholar to National Merit Semi-Finalist. The requirements to move on change year by year.
Having a perfect PSAT score means that the child is smart - but does not tell you just how smart they are. It usually means colleges may supply them merit scholarships - but not exactly how much scholarship money. A perfect score on the PSAT will mean that the student has a special achievement (like National Merit Commended Scholar, or National Merit Scholarship. )#) Some colleges will grant merit scholarships for that. But a perfect PSAT score will also typically mean a good SAT score, so those are tied together.
But the PSAT is not the only test ...
... tied to scholarships. The SAT is also closely correlated to scholarship money. A perfect score on the SAT test may have very little to do with whether or not you are a picked as a National Merit Scholar. But that perfect score can give great financial aid in terms of merit scholarships.
Very high PSAT scores are quite difficult to achieve. If a college only offers merit scholarships for near perfect PSATs, then perhaps they do not have very much money to give away. You may have better luck with financial aid if you opt for another college that has multiple opportunities for merit scholarships - something that isn't going to call for perfection. I would look for other colleges that give scholarships for other test scores. Do not spend a lot of time in looking at a college that will ONLY give merit aid to near perfect PSAT.
Look at schools that give scholarships based on other components also, and perhaps give more than the standard merit scholarships to a near perfect PSAT.
Here is the take-away: study for the PSAT and SAT. Studying for those tests can save you a truckload of money on college. The amount of money may fluctuate from college to college, depending on scores. But the overall message is simple: Study for the PSAT and SAT.
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