No, do not study for the PSAT
If you’re not taking the SAT, then you do not need to study for the “Practice SAT”. Focus on what you’re good at instead of diverting your time, energy and resources. Your time is better spent studying for the test that will get you into college as well as scholarships that exceed $2,500, which is all the PSAT will give you. Remember to work smarter, not harder!