IIRC, UNL gives Chancellor’s for Natl Hispanic Recognition as well, so that’s secure even in the very-unlikely event of NMF not coming through.
Lincoln is a nice student city too.
Question is whether the elimination of the major implies significant cutbacks in course offerings, faculty, and research in the desired field, or if it’s just an administrative consolidation of undergrad majors and the same opportunities can be accessed in a different way. Could be worth looking into, since it’s otherwise a great school for a great price.