Many colleges have to juggle their scholarships from year to year. My D was actually awarded a small scholarship at Oberlin after they called her from the waitlist. @mamaedefamilia has a D at Oberlin who was awarded a big scholarship.
My son was awarded an extra scholarship, which he did apply for, at an OOS public U. He received it quite late in the game, and they told him to please tell them as soon as possible if he wouldn’t be attending, so they could award it to someone else. My son did so.
I don’t see a problem with Oberlin being upfront about how they use scholarships. They are an enticement that colleges use to lure desirable students. They are finite.