NMSQT

The University of California is rejecting the National Merit Scholarship corporation as using a racially and economically biased test - the PSAT - as their basis for college scholarships.

(UC) Faculty challenged the merit scholarships earlier this year, saying the PSAT was not designed to be used as a cutoff tool, and calling the selection process unfair to low-income students and some minorities, who on average score lower than whites on standardized tests.
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The chancellors' decision only applies to scholarships funded directly by the University of California.

Scholarships funded by the National Merit Scholarship Corp. or by businesses will not be affected. The University of California will honor merit scholarships already awarded, including those for students entering this fall.
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Last year, about 600 of 158,000 undergraduates won University of California-funded National Merit Scholarships, for a total of about $735,000. Asians received 45 percent of the awards; whites, about 40 percent. Hispanics accounted for 2 percent of recipients and blacks 1 percent.


(CNN)

I find this particularly interesting as the NMS is responsible for my college giving me a free education.