I plan to call the financial aid office of the school, but was hoping for some other personal experiences or advice. I am 100% sure that I can get the 1500+ score as I was getting it on practice tests. I am 100% sure that I do not want to spend an extra $100+ for nothing.

In most M.Arch programs the scholarships that are awarded to continuing students "once you're in" are awarded within the architecture school or department, by a committee made up of architecture school faculty and administration, and they are based on your work and progress within the program, and have nothing at all to do with your standardized test scores.

The only grants on which GRE scores might have any bearing are the merit grants that some schools award at the time of their admissions offers, in order to "sweeten the pot" a little for candidates they're very interested in snagging. In most cases these are fairly small grants, and are a separate matter from need-based financial aid and institutional grants.

I would suggest that unless you feel that you need very high GRE scores in order to offset a low GPA (say, less than 3.2 or so), that you not bother retaking them.
GREs tend to be a very minor factor in admissions decisions for M.Arch programs, and 40 points really isn't going to do much for you.
I don't know what types of M.Arch programs you're aiming for, but you'll find that even in the Ivy League and other very selective programs you'll have classmates whose scores range from surprisingly low (400 verbal, for example!) to that person who will have a perfect score.
Unless it's especially meaningful to you to shoot for the perfect score, for its own sake, there's really little to be gained by retaking the GRE.

some universities have graduate program wide fellowships or scholarships where you are up against all other entering grad students based on a number of criteria including GRE scores. Call your uni and find out.

Thanks for the advice. I've also asked a few other sources and have decided that it is not worth retaking it.

I got a scholarship based on my SAT scores. Are u a freshman or wat? Cuz the school i applied to has a 5 year MBA program

you got a 770v on the gre? holy shit, that is amazing.

i went to ivy league undergrad, read a lot, scored a perfect 6 on the writing, aced the math, and still only got like a 580 verbal.

did they make the test easier? or are you just incredible at vocabulary?

i've never heard of anyone getting more than a 700 on the verbal...

Ryan-I don't know if they made the test easier. I marked any words that I didn't already know in one of those Barron's or Kaplan books and then I took a few days to memorize them while watching movies.

Even low scores on the verbal yield pretty good percentages - I got a 650 and still got 93rd percentile. 770v must be somewhere along the lines of a 99th percentile.

Ever considered a career as a writer instead of architect?

Hasn't everyone considered a career as a writer? Thank you though.