<p>So I have been offered admission to both Indiana's business school and penn states business school. I was also offered to come to the huttons honors college, $40,000 dean's scholarship ($10,000 for each academic year) and possibly some selective scholarships. For penn state however, I have only been admitted to the business school and nothing else. I am currently applying for scholarships and admission into the schreyers honors college. Only thing about the scholarships is that I saw on penn states' scholarship page that typical acholarships range from $1,500-$3000, which isn't really that great. And as for northeastern, I hope to get admitted but most likely I won't receive anything else. With these circumstances, which college should I choose?</p>
<p>What state do you live in?</p>
<p>NJ</p>
<p>Weigh your options first based on fit. Then for the expected outcome (Internships and placement) . Then for ROI.</p>
<p>You have asked on an IUB Kelley board to be objective about your choice. May not get it here. But I believe that Kelley is always a great choice and will say that for the ROI it’s tough to beat.</p>
<p>But I will also say that Rutgers has an accredited program, a leading Supply Chain program as well. You could maximize it and get in-state Tuition. Look at all of your options.</p>
<p>My daughter is in the same situation.I will also make the disclaimer that Iand my wife are Penn State grads and have a soft spot in our hearts. With that said my daughter is leaning toward Indiana and I fully support here. It comes down to money.</p>
<p>Both have very good honors programs and business schools. Both have good social scenes and nice college town atmosphere. Both are big time college sports school with the edge to PSU on this point. You will most likely get NO aid from Penn State besides a little for the honors college. You should also take into account that Penn State’s tuition for years 3 and 4 is higher than the freshman tuition and is based strictly on credit regardless of how they were. If you have 30 AP or transfer credits and take 30 credits your freshman year you will be paying junior tuition your sophomore year. </p>
<p>If you are good enough you could get another $4-8k/yr at Indiana. The bottom line is Indiana could end up being $60k+ less over 4 years. That is a nice down payment on a house or a really nice car. </p>
<p>@devinlin1 Have you considered the Fisher College of Business at the Ohio State University. It has a highly ranked business program with a wide array of specializations. It also has beautiful facilities. If you have the Buckeye scholarship ($12000) plus other merit scholarships offered, it’s a lot more affordable than Kelley, whose tuition alone is $34000 per year.</p>
thanks @daveverdo and @rgr717. I hope that I will receive some more money from the Selective Scholarship. And I will also look into the Fisher College of Business, although I am not that familiar with it. Is it’s “name” value as great as Indiana’s? Cause I know that Indiana university’s Kelley Business School is a semi-target without the IB workshop. If a student is in the IB workshop and does well, it will be like graduating from a target school. However, what is the case for OSU?
@devinlin1 Indiana’s Kelley is a top 10 business school and you should definitely go there if you can afford it. I’ve heard great things about its programs. My daughter was only offered $7000 scholarship and did not receive any invitation of eligibility to submit the selective scholarship application, which could have provided additional aid for Kelley. Even with the scholarship we received off of the $34000 pricey Kelley tuition it would still cost us close to $40,000 per year. unfortunately not affordable for us. 
Another thing to think about is the travel costs. Not sure if you plan on driving to IU from NJ, but either way (flying or driving) can get costly. If money is an issue, stay closer to home and bloom where you are planted!
Traveling is not a financial burden whatsoever. And I have been offered so much from Indiana that I really don’t want to turn down the offer. Plus, I can receive even more scholarship money than i already have received!
Go with Indiana. I don’t think anybody thinks Penn State or Northeastern has a better business school than Kelley. Take a look at the BusinessWeek Rankings:
http://www.businessweek.com/articles/2014-04-04/the-complete-ranking-best-undergraduate-business-schools-2014
Indiana is #8 (#1 in the Employer survey). Northeastern is #19 and Penn State is #30.
Those rankings are among hundreds of schools, and hence the difference between number 8 and number 30 is not very significant. US News ranks PSU Smeal at 21 too…
I would tell any incoming freshman to look at the the school that gives them the most breadth of options and the best fit with their character. It’s going to be about the friendships you make as much as anything and so go to the school where you will most likely fit best and develop the strongest relationships.
@ozzied good points, but I would add that in addition any incoming freshman needs to consider costs and affordability. I cant afford to send my daughter OOS to Indiana, PSU or Northeastern. But due to the Buckeye scholarship and other merit aid offered by OSU the OOS costs are closer to my in-state cost. My daughter can get a good quality business undergrad education at Ohio State Fisher College of Business, which is ranked #20 in USNWR and the ROI will be good comparable to higher cost schools like those mentioned above.