You HAVE the money - you just don’t want to spend it. (Which of course is your right)
How is that being “penalized” when it’s YOUR CHOICE not to spend the whole nut?
Two kids at full pay here, earned with a heck of a lot of sweat and sacrifice on H’s and my part - including choosing not to live up to our means. Would never occur to me to be “jealous” of their classmates who have less and who consequently got financial aid.