New Market Corporation, the parent company of Afton Chemical Corporation and Ethyl Corporation, offers a range of educational support programs, including the National Merit Scholarship Program. This prestigious program recognizes and rewards high-achieving high school students who demonstrate academic excellence, leadership potential, and a strong commitment to their chosen field of study. The National Merit Scholarship Program is a highly competitive award that provides financial support to students who are entering or pursuing higher education. The program is designed to identify and recognize students who have the potential to excel in their chosen field and make a positive impact in their community. By providing a scholarship award, New Market Corporation aims to support emerging leaders who are committed to making a difference in their field. The scholarships are awarded to students who have advanced to the finalist level in the National Merit Scholarship competition and meet the criteria of their scholarship sponsors. Corporate sponsors provide National Merit Scholarships for finalists who are children of their employees, who are residents of communities the company serves, or who plan to pursue college majors or careers the sponsor wishes to encourage.
- Most of the awards are renewable for up to four years of college undergraduate study
- Annual stipends range from $1,000 to $10,000 per year
- Some awards provide a single payment between $2,500 and $5,000
The scholarship awards are part of New Market Foundation’s aid to education programs, which include direct grants and matching gifts. The foundation’s programs aim to provide financial support to students who are pursuing higher education and are committed to making a positive impact in their field. New Market Corporation has a long history of supporting education and has provided scholarships to thousands of students over the years. The company recognizes the importance of education in preparing students for success and is committed to providing financial support to students who are pursuing higher education.
| New Market Corporation Scholarships | Types of Awards | Eligibility Criteria |
| Most awards are renewable for up to four years of college undergraduate study | Awards range from $1,000 to $10,000 per year | Students must have advanced to the finalist level in the National Merit Scholarship competition and meet the criteria of their scholarship sponsors |
The scholarship awards are available to students who are pursuing higher education at any regionally accredited U.S. college or university of their choice. Recipients can use their awards to support their education and can choose to pursue a degree in any field. Selection Process
The selection process for the National Merit Scholarship Program is highly competitive and rigorous. Students who are selected to participate in the program must have an outstanding academic record, be endorsed and recommended by a high school official, and earn SAT or ACT scores that confirm their qualifying test performance.
- High school juniors entered the 2025 National Merit Scholarship Program when they took the 2023 Preliminary SAT/National Merit Scholarship Qualifying Test
- More than 16,000 semifinalists were designated in September 2024
- From the semifinalist group, more than 15,000 met finalist requirements
Benefits of the Scholarship Award
The National Merit Scholarship Award provides a range of benefits to the recipient, including:
- Financial support for education
- Renewable award for up to four years
- Annual stipends that range from $1,000 to $10,000 per year
- Flexibility to pursue a degree in any field
The scholarship award is a highly competitive award that recognizes and rewards high-achieving students who demonstrate academic excellence, leadership potential, and a strong commitment to their chosen field of study.
“We are proud to offer the National Merit Scholarship Program to support emerging leaders who are committed to making a difference in their field. We recognize the importance of education in preparing students for success and are committed to providing financial support to students who are pursuing higher education.” – New Market Corporation
The National Merit Scholarship Program is a highly selective award that recognizes and rewards high-achieving students who demonstrate academic excellence, leadership potential, and a strong commitment to their chosen field of study. By providing a scholarship award, New Market Corporation aims to support emerging leaders who are committed to making a positive impact in their field. By providing financial support, New Market Corporation aims to help students achieve their academic goals and make a positive impact in their field.
