There really is 27 scholarships for 4300 semi finalists, I called and followed up with an email. Those are the stats. And some of that will go to the high level schools mentioned in the above replies.
Just dont be crushed if you dont get this award, the chances are slim.
the factor we dont know is how many of the 4300 semi finalists actually got their paperwork in on time, so the competition is less than 4300 im sure.