Congrats, Alderman!
I found out I got one on Monday, and am wondering similar things. My college has no housing available at all anymore, and flats downtown are extremely pricey. I think for a person living in college or university housing, the money would be more than enough, but I think a person living in private accommodation will be pinching pennies..
I applied for it in Archaeology - I've been accepted by the University and just did an interview for the scholarship. Has anyone else heard anything yet? Have you, moderatedbliss?