Scholarship Timing @ UMN-TC?

Recently, I was awarded with the Presidential Scholarship at the UMN for $3,000 a year for 4 years. It’s definitely not bad, but I was hoping for more. Have any of you received separate offers over the course of a few months? I’m in state with a 29 ACT score (yes, it could be better) 4.0 UW GPA with tons of EC’s. I’m ranked 4th/460 in my class which puts me in the top 1%, and on the U’s website there is a scholarship titled “Maroon and Gold Leadership Award” which is awarded to students in the top 1-3% of their class. I’m wondering if there is any chance of receiving this in the future or if I should be content with what I have now.

DD got the “Maroon and Gold Leadership Award” in 2011. The notification came in late March, and it was the only scholarship she got from UMN. She had a 34 ACT … otherwise her stats were very similar to yours. We were told that the award is limited to roughly 4 or 5 per year.