If you get into Honors then it’s highly likely you will get scholarship money - not sure what happens if you DON’T get into honors. As you are in contention for honors, depending on how your stats compare to those of other applicants this year, probably makes the most sense to look at the probability of getting that. The primary criteria are the same as for admission: GPA/Class Rank, Test Scores, Course Rigor. Secondary factors are considered as well and those are listed in the link I provided above. Just noticed that for some reason they didn’t update for this fall’s class so those are last year’s stats. Not sure what’s going on there but hopefully they won’t change much.
Ask away and if I can help I will do so. Good luck to you!