我想是这样的：

因为 your D got "more" scholarships "than" work and loan, HV's financial aid letter clearly indicated that $2500 NMS was reduced from their
grant.
他的外面的scholarships可能没有cover all of his daughter's work and study, 他的意思是他们要付这笔钱，(女儿付，家长付是一回事)。 现在有了可以减掉work
and study 的钱，这$2500他们就不要付了。