Although McElroy, a 6-foot-2, 200-pound quarterback from Southlake (Texas) Carroll, is considering around ten schools for the decision, but it basically came down to three.
"It's safe to say North Carolina, TCU, and [Texas] Tech are my top three, but there are some other schools that are also on my list," said McElroy. "UTEP, Kansas, Brigham Young, UNLV and a couple schools that haven't offered me – Alabama, Tennessee, and Stanford."
The school McElroy plans to commit to has been his favorite in the back of his mind since the start of his recruitment.
"It's a place where I really feel like I'm wanted," said McElroy. "It's a place where they've showed real genuine interest in me from the beginning – I received my first letter from this school, they like me a lot, I have a good friend there, and I have a lot of family that are around the program I'm just looking forward to playing with them."
Playing a major role in his decision is McElroy's unofficial visit to Chapel Hill last weekend.
"It was an awesome trip, I had a great time," said McElroy. "They introduced me to a couple of their players from Texas, and I got to meet a lot of great guys. Their coaching staff is second to none as far as being classy. I was very, very impressed by Carolina. They did a very good job at making me feel comfortable."
McElroy also unofficially visited TCU last Thursday and Texas Tech in June. All five of McElroy's official visits still remain, and all five could still be taken even after his verbal commitment.
"I haven't decided yet [if I will take official visits to other schools]," said McElroy. "It's going to be a tough decide for me because it kind of depends on how the recruiting finishes out for me. I want to make sure I'm making the 100 percent right decision for me, because it's a huge decision."
McElroy decided to commit so soon to avoid creating distractions for his senior season, for which he is charged with leading nationally ranked and reigning National Champions Southlake Carroll. Thus far, Southlake is 3-0 and McElroy has passed for 855 yards and 10 touchdowns. He has completed 62-of-97 (64%) and only thrown two interceptions.