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[quote=Anonymous]There is an old thread on this.  We faced the same question. For Nat'l Merit Semifinalists, Alabama (and Oklahoma) offer extremely generous packages.  Basically, everything is free for 5 years including grad school and they even pay the students a stipend. That is why Alabama and Oklahoma have the greatest number of NMSFs - everything is free and it is guaranteed. The higher ranked schools do not guarantee anything for NMSFs, although it may be a factor for merit aid, and, of course, the top 25 schools don't give any merit aid, only need-based.

We're facing the same question again with our next child.

I think the answer depends on what the major will be, what the long-term plan is, and whether the school will be a good fit culturally.

The more technical the field of study, the less the prestige matters. So, for pre-med for example, it makes sense to go to Alabama or Oklahoma for free and save the money for med school tuition. For a philosophy major who wants to be a professor, it might make more sense to go to a more elite institution.

Both Alabama and Oklahoma have a big Greek scene and a big football culture, etc.  But, both also have an Honors Program where the more academically inclined will find cohorts.

It is a tough decision.

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