LSU Out of State Scholarship and Academic Common Market

I’m a high school senior from Georgia who is very interested in LSU’s ACM petroleum engineering program. My math and reading combined on the SAT is 1250 which earned a $7,600 out of state scholarship from the university. With the ACM will I be able to receive the in-state tuition as well as the out of state academic scholarship? Should I go ahead and accept the scholarship? I’ve contacted admissions a couple weeks ago but have not received a reply. My last question is do I have to be fully accepted after my final HS transcript before I should have my Georgia residency confirmed and sent to LSU?

Thanks

The best place to find out:

http://sites01.lsu.edu/wp/financialaid/academic-common-market/