<p>That’s my understanding too. As far as I know, the only thing outside scholarships can be used for is to offset work-study requirements. (For example, if you have to pay $3000 through work-study and you get $4000 in scholarships, you don’t have to do work-study and Penn saves $1000.)</p>
<p>Speaking of which, how exactly do you withdraw other applications?</p>
<p>To retract applications, you can call the colleges and ask them to remove your from their applicants pool. While doing this, it is also very courteous to send them an email explaining that you got into a school with a binding contract. If you already got accepted, then just go to their website and find the part of the site that you check your status. If you were accepted, just find their section for accepting/declining the offer to go to their college. Click decline, then submit. You should be done. Lastly, if you haven’t mailed in any applications for the college…well then just rip them up and throw them as confetti in celebration of getting into UPENN!!</p>