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Who finances NMSC scholarships?

finances nmsc scholarships
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Who finances NMSC scholarships?

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National Merit Scholarship Corporation scholarships are supported by about 240 corporations, company foundations and businesses, and by NMSC’s own funds. In addition, about 200 colleges and universities provide National Merit® Scholarships. More than 10,400 scholarships worth over $51 million are awarded annually in NMSC programs. Grants and contributions to NMSC are deductible by the donor under Section 170 of the Internal Revenue Code.

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National Merit Scholarship Corporation scholarships are supported by some 300 corporations, company foundations and businesses, and by NMSC’s own funds. In addition, about 200 colleges and universities provide National Merit® Scholarships. More than 10,800 scholarships worth over $52 million are awarded annually in NMSC programs. Grants and contributions to NMSC are deductible by the donor under Section 170 of the Internal Revenue Code.

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