The Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) is a program co-sponsored by the College Board and National Merit Scholarship Corporation (NMSC). It is a standardized test that provides firsthand practice for the SAT. Juniors need a highly selective index score in the 99 percentile range to have a chance at qualifying as a National Merit Scholarship Semifinalist. Students who choose to take the PSAT will take it in October of their Junior year.
http://clep.collegeboard.org/The College-Level Examination Program® (CLEP) helps you receive college credit for what you already know, for a fraction of the cost of a college course. Developed by the College Board, CLEP is the most widely accepted credit-by-examination program, available at more than 2,900 colleges and universities. There are 33 CLEP exams, each CLEP exam costs $80, and you may earn up to 12 credits if you pass a CLEP exam.CLEP Test Preparation: http://clep.collegeboard.org/test-preparation