Corporate-Sponsored Merit Scholarship Winner
The National Merit Scholarship Corporation (NMSC) released the names of the first group of winners in the 70th annual National Merit Scholarship Program. Approximately 830 distinguished high school seniors have won corporate-sponsored National Merit Scholarship awards financed by about 124 corporations, company foundations, and other business organizations.
Wade Hampton High School Senior Avanti Keskar was awarded the Hubbell Foundation Scholarship.
Scholars were selected from students who advanced to the Finalist level in the National Merit Scholarship competition and met criteria of their scholarship sponsors. Corporate sponsors provide National Merit Scholarships for Finalists who are children of their employees, who are residents of communities the company serves, or who plan to pursue college majors or careers the sponsor wishes to encourage.
Most of these awards are renewable for up to four years of college undergraduate study and provide annual stipends that range from $1,000 to $10,000 per year. Some provide a single payment between $2,500 and $5,000. Recipients can use their awards at any regionally accredited U.S. college or university of their choice.
Funding for these National Merit Scholarships is provided by corporate organizations that represent nearly all sectors of American industry. Sponsors from the business community have underwritten awards offered in all 70 competitions, expending or committing approximately $882 million to support the intellectual development of the nation’s scholastically talented youth.
To be considered for a National Merit Scholarship, Semifinalists had to fulfill requirements to advance to Finalist standing. Each Semifinalist was asked to complete a detailed scholarship application, which included writing an essay and providing information about extracurricular activities, awards, and leadership positions. Semifinalists also had to have an outstanding academic record, and be endorsed and recommended by a high school official. From the Semifinalist group, some 156,000 met Finalist requirements.