I think this is the right list of exempted scholarships:
15.02.4.3 Exempted Institutional Financial Aid. The following institutional financial aid is exempt and is not counted in determining the institution’s financial aid limitations: (Revised: 4/29/04 effective 8/1/04)
(a) An honorary award for outstanding academic achievement or an established institutional research grant that meets the criteria set forth in Bylaw 15.02.6 (and must be included in determining if the student athlete’s cost of attendance has been met); (Revised: 1/10/91, 1/10/92, 10/31/02 effective 8/1/03)
(b) A postgraduate scholarship awarded by an institution in accordance with Bylaw 16.1.4.1.1; (Adopted: 4/25/02)
(c) Federal government grants awarded based on a student’s demonstrated financial need [e.g., Supplemental Educational Opportunities Grant (SEOG)], regardless of whether the institution is responsible for selecting the recipient or determining the amount of aid, or providing matching or supplementary funds for a previously determined recipient; (Adopted: 1/15/11 effective 8/1/11)
(d) State government grants awarded based on a student’s demonstrated financial need, regardless of whether the institution is responsible for selecting the recipient or determining the amount of aid, or providing matching or supplementary funds for a previously determined recipient, provided the aid is administered in accordance with the federal methodology for determining a student’s financial need and has no relationship to athletics ability. However, such aid is not exempt for purposes of determining a football or basketball student-athlete’s counter status pursuant to Bylaw 15.5.1.2; (Adopted: 1/15/11 effective 8/1/11)
(e) State government merit-based grants, regardless of whether the institution is responsible for selecting the recipient or determining the amount of aid, or providing matching or supplementary funds for a previously determined recipient, provided the aid is awarded consistent with the criteria of Bylaws 15.5.3.2.2.1, 15.5.3.2.2.2 or 15.5.3.2.2.3 and has no relationship to athletics ability. However, such aid is not exempt for purposes of determining a football or basketball student-athlete’s counter status pursuant to Bylaw 15.5.1.2; and (Adopted: 1/15/11 effective 8/1/11)
(f) Matching payments made by the Department of Veterans Affairs pursuant to the Yellow Ribbon G.I. Education Enhancement Program [see Bylaw 15.2.5.1-(e)]. (Adopted: 1/15/11 effective 8/1/11)