@mountainmomof3 --@twoinanddone has it exactly right. I was in your position last year, I asked the question at UF, and the answer was that there was no answer. UF has lobbyists in Tallahassee, they care about their students, yada yada, but they can’t make guarantees.
Everyone agrees that it would really suck if a commitment was pulled by the state midstream without grandfathering in current recipients, and I think that would be unlikely but not impossible. I have heard that funding for Bright Futures has fluctuated up and down over the years, but i do not know whether downward revisions affected everyone or only future recipients. I am also not sure how relevant that is one way or the other, since Bright Futures recipients are all in-state, and therefore constituents of those making the decisions, while OOS Benacquisto recipients are not.
If you would only go to UF because of the money, then, yeah, it’s hard to do that with no guarantee, which they will never give you. On the other hand, if your kid really loves the school, it might be worth taking a chance, since it is more likely than not that downward revisions would only affect future students, due to what I would consider a moral obligation to those who accepted a 5-year full COA scholarship.
Again, the caveat to that is you are dealing with OOS politicians who might not care about a moral obligation to you regarding a benefit so generous that no other state in the country offers it to its own residents, let alone those for OOS. Unfortunately, even though you would be right, you could never successfully sue either the state or the university if the program was terminated prior to graduation, because the legislature would have sovereign immunity and the school never made a promise or commitment to you. Finally, I would also hope that UF would mitigate any future impact if the legislature pulled the plug on you midstream by at least continuing to waive OOS tuition and fees (which they are required to do as part of Benacquisto) which would be huge if you had to start paying.
As far as advice, goes, it’s a very personal decision that carries some risk either way (either turning down #35 in favor or #129, turning down a possible great “fit” for a less good one, or getting stuck with a bill when you thought you had a full COA scholarship), so I’m not comfortable purporting to give you expert advice as opposed to just sharing the knowledge I picked up over the past year to help you make a more informed decision, while trying really hard not to steer you one way or the other.