The PSAT/NMSQT, co-sponsored by the College Board and the National Merit Scholarship Corporation, provides students with a color-coded score report for critical reading, math, and writing skills, enabling comparison among peers based on their grade level. Students receive a test booklet with their score report to review answers and can access free explanations online for any incorrect answers. The report also includes suggestions for skill improvement and information on college majors based on the student's interests.