I think it is a good deal. You can make a 2.7 at another college with no problem. I think Tech typically requires that transfers have a much higher GPA to transfer.
Nope no one in my family donates to tech but I am a legacy if that makes a difference ?
Yes, it does. If you look at the website for Conditional Admission, it's labelled ".../legacy/". Just be careful that the classes you take are transferable (not all are) and that you take the right courses for your major.