$70,000 for each of four years! If that is the case…
Sure, contact the colleges and withdraw your financial aid application. Just be sure…because if you don’t apply as an incoming freshman, I don’t believe you can apply in the future.
ETA…since the school is need aware…do you have the confirmation of this scholarship? If so, you could notify financial aid that you have $70,000 a year in aid…that would likely take your financial need down to $0…
Hoping someone else replies!!