Visited the NROTC detachment at my number 1 choice school the other day. Recruiting officer/LT informed me that there would be many scholarships coming in the next few weeks, and hopes should still be alive. The captain of the detachment had sat in on one of the selection boards a few weeks back and learned that Pensacola had still not determined how many scholarships they would be giving out, thus had been sparring in awarding them (at that time anyways).
To reinforce the point, LT told me that the detachment's scholarship allotment (25-30 recipients) was usually full by mid Jan-early Feb each year (it's a popular state school). This year however, only half of their scholarship spots had been filled as of last Friday.
So for all those still waiting, don't rule out getting a scholarship (as well as one of your top schools) just because it's late in the game.