Is 1020 a good PSAT score for a sophomore?

In contrast, an excellent score is one that’s higher than the 90th percentile, or 90% of test takers. Based on that reasoning, a good PSAT score for a sophomore is a composite score higher than 1060, an OK score is one higher than 920, and an excellent score is anything higher than 1180.

How hard is it to get a National Merit Scholarship?

It’s not easy to win a National Merit Scholarship—but it’s not impossible either. You never know where you’ll stand until your year’s PSAT scores come out. And with some studying, practice, and preparation, you can ace that test. The recognition and chance of winning scholarships makes it worth the challenge!

Is national merit a big deal?

Now, it is pretty insignificant. You can expect an award of anywhere to $2000-8000, with many of the awards being a one-time scholarship of $2500. When a private college education costs in excess of $200,000, National Merit is not enough to make a big dent.