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All candidates are invited to apply to the program in January of their graduation year. Applications are due in February. Semifinalists are announced in mid-April and all Scholars are announced during May. The National Recognition Program in Washington, DC usually occurs in June.

An overview of selection progression follows:

Designation Number of candidates Ratio Percent
Graduating senior 3,600,000 (approx.) eligible to apply 1 in 1 100%
Presidential Scholar Candidate 4500 (approx.) 1 in 800 0.125%
Presidential Scholar Semifinalist 800 (approx.) 8 in 45 17.778%
Presidential Scholar 121 in academics, 20 in arts, 20 in career & technical education 161 in 800 20.125%
 
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