<p>If you reside in Florida, and your child is an MIT competitive applicant, it would seem that she would be eligible for the top Bright Futures awards used at Florida public universities. This is excellent.</p>
<p>Is she interested in engineering? Again…depending on her SAT/ACT scores and GPA, she could garner a full ride at U’Bama. They have a fine program…and free is good.</p>
<p>If she is looking at grad school or professional school after undergrad, you want to keep your undergrad debt to a bare minimum.</p>
<p>The loans MIT uses are the Stafford loans…not private loans. These are loans in the student name only.</p>