<p>My D has a very similar credential as yours and we also could not afford even in state flagship if without financial aid. She did not apply any of those schools offer full ride to NMF but to schools within the mid-west with strength in the major she wants to study. She actually got accepted by one schools already which has offered scholarships to cover almost the full oos tuition although it is not on the full ride list for NMF.
So between the elite school and your local college, there are many other options that can be affordable and have great programs for your credentials. You should focus on your intended major first as mom2collegekids said. Do the cost of attendance calculation for each school and look up their financial aid data on CDS. With your credential, you may get merit aid from many schools and you may be surprised by some offers like my D.
Good luck.</p>