Full Ride at FSU, or go to Va. Tech because of higher ranking?

Folks, there was never any intention of misleading anyone, so give it a break for those that are hammering that. We are just trying to get some information. For discussion sake, the question is this: If our daughter was to receive the Presidential scholarship at FSU, it would effectively make the tuition almost zero due to the scholarships and out of state tuition waver (she has already been offered that and $2400 a year now, in the running for Presidential). We are instate in Virginia. The difference in the tuition alone would be over $10,000 a year. Room and board are similar in most places. Scholarships at Tech are much less, and extremely competitive. She is putting in, but is less hopeful there.

The question is multi-fold:

  1. Va. Tech is a much more highly rated school for Industrial Engineering vs. FSU. Does that really matter?
  2. How does the overall environment compare?
  3. Would Va. Tech be worth $40,000 more?