Limitations of the Apgar score:
While we all want our babies to be a perfect 10, an Apgar score of 10 at 1 minute reflects an overly generous scorer more than the condition of the baby. Almost all babies have bluish feet and hands at birth and for several minutes (to hours) thereafter.
The 1 and 5 minute Apgar scores are just a picture of the baby's condition within a window of time. They do not accurately predict long-term outcomes. A low 10 minute Apgar score (babies with low 1 and 5 minute scores are commonly tested again at 10 minutes) does predict long-term outcomes somewhat but is still unreliable.
Scoring is subjective and susceptible to scorer bias. The person caring for the mother tends to give a higher score. The person caring for the infant tends to score lower.
Apgar scores are inappropriately used to evaluate the health care provided in medical malpractice cases, thus perpetuating use of a fudge factor when scoring.
The Apgar score is even less useful for premature babies who are naturally floppy and may have low scores yet have no asphyxia. This means the score’s value as a tool to predict the need for immediate resuscitation in prematures is limited.
So, if your little angel scored a perfect 10 don't count on merit based scholarships based on that fact alone and if s/he scored a 7 you still need to start that college fund.