<p>Hey,</p>
<p>I am currently deciding between Carnegie Mellon University's business school Tepper, or the University of Miami's business school. I live in Miami so it would be close by. Miami is also offering me a full ride + about $10,000 pocket money. However, I've heard Tepper is really prestigious and is worth the extra money. I was offered about $37000 in grants from CMU and a $2500 work study and $3000 loan. So a little over $42000 was the total financial aid offered. The Cost of Attendance is about $49000. Is CMU worth the extra 6 or 7 grand a year in loans, or should I just stick with UM for undergrad since I will be making money on top of receiving full tuition?</p>
<p>bump.........anyone???</p>
<p>Your getting 10000$ from Miami. Ok I've never heard of that:P. Strange. </p>
<p>Anyway , if your family is comfortable with paying the extra 6000$ , then Tepper it is.
However if paying this sum back would pose some financial problems then University of Miami it should be.</p>
<p>Yeah I know it is a lot of money I will be receiving. Currently, CMU is reconfiguring my financial aid package to offer me a more competitve package since I showed them UM's package. I guess i'll see tomorrow because it will be done then.</p>
<p>I received an updated financial aid offer from CMU and now they offered me an additional $6000 in scholarship money per year, making my full financial aid package $48000 + yearly, which covers just about everything since the COA is about $49000. I guess this makes my decision a little bit harder now. :-/</p>
<p>I'd personally pick Carnegie Mellon. </p>
<p>It has a better reputation than Miami from what I understand. </p>
<p>But then again...i'm just a junior. </p>
<p>good luck.</p>
<p>Ah , I'd go for Tepper. Its the better school and theres no financial concern.</p>
<p>thanks for your comments. I still have about a week to decide so i'll just think about it some more.</p>
<p>Hey guys...I have decided to go visit CMU this Thursday and Friday. This will hopefully give me a better idea so I can make my final decision. I should have my FINAL decision by Saturday after coming back.</p>