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Colgate has a bit stiffer policy regarding off-campus study, perhaps because they offer a lot of their own programs. If study abroad is important to you, I'd recommend researching it thoroughly at both schools. Here's Colgate's:
"Students receiving institutional aid who are not accepted into a Colgate study group and choose to enroll in a study group run by another college or university may not take their Colgate aid with them."
And here's Kenyon's:
"If you currently receive financial aid from Kenyon, whether scholarship, loan, or Honors Scholarship, it is automatically applicable to OCS programs. The Office of Financial Aid will determine OCS costs and award financial aid based on the cost of Kenyon or the estimated cost of the program, whichever is less. Kenyon faculty or GLCA tuition remission is not transferable."
This might not be important to you, but it's an example of the kind of "secondary" stuff to research as you try to decide between two really excellent schools.
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