I did the same, and found out that oddly enough my brother who went to a U.C. ended up getting a bonus state grant that slashed his loan burden lower than mine. In effect, he was entitled to a college with a higher cost than mine. We only found this out by comparing the paperwork into college; my brother didn't pick the U.C. knowing this beforehand.

I feel it just sends the wrong message to society if we build these gotchas and loopholes left and right like this to let people make financially bad decisions.