@jshook OOS tuition alone is $26,000 (assuming you stay at 12-16 hrs/semester bc extra hrs will cost more.) I do not know what FA Bama offers, but I do not think it is much.
It is great to try, but you really need to have (an)other school(s) that will be affordable as a back up. The merit scholarships outside of the guaranteed admission scholarships are extremely competitive. The number of students who have large $$ scholarships beyond the automatic admissions ones is small. The kids who are receiving the presidential and have equally stellar apps will also be contenders for those scholarships. They will be 4.0+ kids with 1400-1600 scores. Try for the scholarships, but be prepared for alternative options.