What, if any, are the conditions on keeping the Cardozo scholly? I went through a similar decision, debating between a 'Dozo full ride + stipend and sticker at a few much higher-ranked schools. I went with one of the other schools, in large part because I knew how easily I could lose that scholarship, which required top 1/3 to maintain. At the time I was making my decision, Cardozo had a reputation of stacking all of the big scholarship recipients in one section, thereby guaranteeing that many would lose their meal tickets. Y'know, what with the curve and all.
To be fair, that was several years ago (I started fall '06) and I have no knowledge of how they do things now. I believe they have a new director of admissions since then. All I'm saying is that you should take into account the possibility of losing the scholarship after the first year, and try to gauge how likely or unlikely that scenario is.