My son was in the exact same situation. His dream school. This school called him often saying they really want him - but they have no money. (Even though we knew of offers being given/turned down by others, etc.) We were wary of going to a school with no NLI. What if the coaching staff changes? What if they don't keep their word? We felt it was too risky to choose a school (out of state at that) to play ball on a handshake. A proud moment for me was when my son actually told the coach that on one of his phone calls.