[Kevin Sevcik]

It could be worse. You could get accepted to Caltech and Harvey Mudd and still not be able to (sanely) afford to attend cause of how silly their financial aid policies are... Not that I know anyone (else) that has happened to. As Tim said, big name schools are really neat, but your higher education is what you make of it. There are still lots of opportunities to do great things at other engineering schools. You'll just have to seek them out more than you would otherwise.