First, you don’t have two instate “flagships.” There is only one that matters.
(Ok we suggested the kid apply to Purdon’t as well. He didn’t want to thank god.)
Kid applied to Miami OH, which gave him a lot of money – I would recommend if your kid would consider a “smaller” (15,000 students) school. I think Iowa is getting aggressive with out of state students – a couple of kid’s friends got good money from them but didn’t go. These days, with the common app, applying is easy so she may as well send in the app. My kid did ISU (IL state), Tampa and got good money as well.