I applied to DU just a few days ago for MSW. I am anxious to find out what the admissions decision is. Personally, I have toured the campus and local area, and fell in love. There are great organizations throughout the city to intern at and specially homelessness, my area of interest is prominent in Denver. I would warn you that Denver is much more progressive and liberal than most major cities, but there seems to be something for everyone.
I am not worrying about the price tag at this point. If its a program that you feel is a good fit, I would go for it.
And congrats on the Merit Scholarship!