Senior Awarded Corporate-Sponsored Merit Scholarship


Pranav Mulgund has been selected as a winner of the National Merit Eaton Scholarship.

The National Merit Scholarship Corporation (NMSC) partners with 230 companies and businesses that finance National Merit Scholarships for finalists who meet their specific criteria. Pranav’s award is sponsored by Eaton Charitable Fund.
 
According to a press release from NMSC, “approximately 1,000 distinguished high school seniors have won corporate-sponsored National Merit Scholarship awards financed by about 200 corporations, company foundations, and other business organizations. 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 $500 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.
 
From approximately 1.6 million students who entered the 2018 National Merit Scholarship Program, only about 16,000 were named semifinalists. They were designated on a state representational basis, in proportion to each state’s percentage of the national total of graduating high school seniors. In order to advance in the competition and be considered for a Merit Scholarship award, a semifinalist had to become a finalist by fulfilling several requirements that included submitting a detailed scholarship application and presenting a record of very high academic performance. All winners of about 7,500 National Merit Scholarships are being chosen from the group of approximately 15,000 distinguished finalists.
 
Congratulations, Pranav!
 

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