Help – with the search of safeties… and the top heavy list of a stubborn daughter and her increasing

“On IU Kelley School of Business, the date for automatic merit awards has passed, it was Nov 1 – that ship has sailed as cost of attendance will be more than $25,000.”
The date has passed, but Dec 15th seems good enough for direct admission (after appeal).
The question still remains though - is this highly competitive scholarship anyway more achievable than an admission to an ivy.