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I was an NM Finalist too, and I got jack shee-it. I didn't really expect anything. For me, it was just another thing to slap on the old resume. I don't even think my college would have offered me anything.
I thought Georgia had a merit scholarship for all students who did over a certain score on the tests. Florida has one, and it's full-tuition (I obviously didn't take it), and there are always local scholarships that can make up for the dormitories, etc.
One of my good friends has a little sister who just started college (guess she's not so little anymore!). They realized that they would pay less out-of-pocket, and she would be saddled with fewer (or no) loans if she went to a small liberal arts private school instead of a big state school. The state school may be cheaper, but the private school usually has more money to give.
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