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Reply More than 1.5 million students applied for the highly competitive scholarship and the program says that around 7,500 students will go on to win scholarships in 2021 that total $30 million. (Shutterstock) ALGONQUIN, IL Three local students have been named winners for the 2021 corporate-sponsored National Merit Scholarship Program. So far, 52 National Merit winners have been announced in Illinois. The winners were announced on Wednesday and include approximately 1,000 high-school seniors from across the U.S. According to a press release from the National Merit Scholarship Program, the corporate scholarships are financed by about 140 corporations, company foundations and other business organizations. The awards are renewable for up to four years of undergraduate study and students get a stipend that s anywhere between $1,000 - $10,000 each year. Some of the awards include a single payment between $2,500-$5,000.

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