OOS Scholarship Question

I see on CU Boulder website that OOS accepted applicants may be eligible to receive the Presidential Scholarship if they are “in the top 1-3% of CU Boulder’s admitted nonresident freshman class.”
Has anyone read what the stats were of students who received this scholarship in the past?
Are only GPA and SAT/ACT considered? Or are the ECs , essay, LOR considered, as well?

They don’t list the stats, but an educated guess is a 1500+ SAT and 4.0+ Weighted GPA.

They do not publish that information and it changes every year based on applications. My son did not get the scholarship (1450 SAT) and 4.35 GPA. I asked if it was worth him trying to raise his ACT score to get that one and she said it was highly competitive and he would likely have to improve significantly. Hope that helps