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Of the 1.5 million entrants, about 50,000 qualify for recognition. More than two-thirds of those qualified receive Letters of Commendation; about a third of the 50,000 become Semifinalists, about 94% of whom go on to become Finalists. Over half of the Finalists are selected to receive scholarships underwritten by corporations and business organizations, colleges and universities, and by NMSC with its own funds.
Tags: merit scholarship.