Understanding my 98th percentile PSAT score

So, I received my PSAT scores and it turns out I am in the 98th percentile. What does that mean? And does it give me any potential scholarships or benefits in the college application process? Thanks!

Congratulations on your 98th percentile PSAT score! Being in the 98th percentile means that you scored higher than 98% of the students who took the test. This is a significant achievement and shows that you have a strong understanding of the material covered on the PSAT.

In terms of potential scholarships or benefits in the college application process, scoring in the 98th percentile can make you eligible for the National Merit Scholarship Program. Each year, the top 50,000 scorers (roughly the top 3-4%) on the PSAT are recognized as National Merit Scholars. About 16,000 of these students are named as semifinalists, based on a fixed index score that varies from state to state. From this pool of semifinalists, around 15,000 eventually become finalists, and approximately 7,500 are given the prestigious National Merit Scholarship.

Although being a National Merit Scholar won't guarantee admission to your dream school, it's a significant honor that can be included on your college applications and is recognized by many colleges across the United States. Moreover, some colleges offer scholarships specifically for National Merit Scholars, which can help reduce the cost of your education.

Apart from the National Merit Scholarship Program, your high PSAT score also serves as a good indication of your potential SAT or ACT scores. It's essential to continue working hard and prepare well for the SAT/ACT as these standardized test scores play an important role in the college admissions process, especially for more selective schools.

Keep in mind that while your PSAT score is important for the National Merit Scholarship Program, it's only one part of your overall academic profile. Colleges also consider your GPA, course rigor, extracurriculars, essays, and letters of recommendation as part of their holistic admissions process. So, continue focusing on your academics and extracurricular activities and make sure you present a strong, well-rounded application. Good luck!