How does a student qualify for the National Merit Scholarship Program?

The National Merit Scholarship Program is an annual competition for high school students (both traditional and homeschooled) planning to attend college. Students need to take the PSAT/NMSQT, usually in their junior year, to be eligible for scholarships and recognition through the program. Taking the PSAT 8/9 or the PSAT 10 won't qualify students for the program.