 The scholarship—the most prestigious undergraduate scholarship given in the natural sciences, engineering and mathematics—is awarded annually to about 300 college sophomores and juniors nationwide.The scholarship is awarded based on merit, and the actual amount given is based on financial need, up to a maximum of $7,500 per academic year.In addition, since at least 2006, about 150 exceptional applicants not awarded the Scholarship have been recognized with official Honorable Mentions.