This question sounds a lot like the EQ vs. IQ debate. I've known plenty of really intelligent people who can't for the life of them function normally in society under any circumstance. On the other hand I also know several high school drop outs who are millionaires because of their ingenuity and ability to interact with others and persevere.
It makes me envision that poor high water kid in the aviation jump suit that the "old man flying club" dressed up so they could parade him around the latest fly-in in hopes of him becoming the next greatest cadet for their future. The poor kid can't possibly hold a conversation anything short of awkward for anybody within earshot but for the life of him won't stop trying because, well, he's the one!! He's the big scholarship winner!! One has to wonder if he was really the right person for the award and/or if he was ready for it?? But what could go wrong, he has strait A's.
As for me, a C was a good grade. My third grade principle (Mr. Crouch) called my mom in for a conference to tell her that I would not amount to anything in life. Then again he ate half eaten sandwiches and apples out of the garbage cans at lunch. What a douche. I wasn't dumb, maybe even not that lazy but I sure was a bi-product of the public education system and was not engaged by my teachers. I can't blame them though, with 30 students how can they justify focusing special attention on me to figure out how I needed to learn. In the 11th grade I figure out how to engage school on my own and though I barely did any homework or studying I managed to get A's and B's. I went on to go to community college for 3.5 years to learn my trade and got a job right after doing exactly what I always wanted while making three times the amount of money than both of my brothers (one with a masters degree and one with a bachelors). And I had no debt!!
After starting my career (age 21), buying my first house (age 22), getting married (age 25) and having my first dog I decided to learn to fly. I was finished with my training in three months and passed my test on the first try four months after starting. I did a home study CD ground school course and found a local instructor who is still one of my best friends to this day.
I would never have qualified for the scholarship. It would have been nice, but apparently I didn't need it. We home school our kids. Education is a lot more than good grades. I may continue to mis-use apostrophes

but I'll take that any day over a high water jump suit and a mis-given scholarship.
CW